related to incometax on salary

15 January 2019

what is the limit of standard deduction on income under the head salary

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5 Replies

NITIN KOTAK (SERVICE) (1465 Points)
Replied 15 January 2019

for which assessment year?

pritesh (CA Final student) (7101 Points)
Replied 15 January 2019

instead of transport allowance and medical expenses which was all together 34200 before ...now the govt has given 40000

MANISH KUMAR MASKARA (M) (199 Points)
Replied 15 January 2019

for Assessment year 2018-19 and 2019-20

Sanjiv Rajpoot (3430 Points)
Replied 15 January 2019

40000 allowed as standard deduction for salaried person

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MANISH KUMAR MASKARA (M) (199 Points)
Replied 17 January 2019

is it related only to AY 2019-20

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