Menu
standard deduction
what is standard deduction?
Replies (1)
Standard deductions are a reduction of a fixed amount from the income which are permitted by the Act. Unlike other deductions, in this case there is no need to satisfy conditions or submit investment proofs. A fixed amount is allowed irrespective of the expense incurred
Recent Topics :
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
Related Topics :
CAclubindia
