Section 16(i) standard deduction

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49 Points Posted on 09 July 2019

I have received salary PY 2018-19 from 3 company,
what is tha maximum standard deduction.

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On 09 July 2019 at 20:02 Report
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142 Points Posted on 09 July 2019
40000 only
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On 09 July 2019 at 20:13
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student
408 Points Posted on 09 July 2019
40000 /-
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On 09 July 2019 at 20:41
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193 Points Posted on 09 July 2019
It will be allowed once per person claiming the deduction. It means under the head salary you can claim only once irrespective of number of employers.
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On 09 July 2019 at 23:46

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