In which section we can claim standard deduction?
And even if in form 16 transport allowance not exempt than we can claim for deduction or not???
In which concern we can claim standard deduction?
please suggest.......
Menu
standard deduction
Replies (4)
STANDARD DEDUCTION OF 40 K INCREASED TO 50 K w.r.t. medical & transportation allowances
section 16(ia) of income tax act
form 16 is not a valid form because this is generated by private software
there for you can claim standard deduction of without any proof
40 k standard deduction is FLAT DEDUCTION
Agreed with Sanjiv it shall be claimed u/s 16(ia)
Recent Threads
- Audit of clients of Portfolio Manager (PMS)
- Section 56(2)(x) on agriculture land in Rural area
- GST Rules 86B
- RCM for Company secretary professional services (p
- Tds return 194 Q
- TDS for rent paid to non-resident under Income Tax
- Queries about TDS calculation in 194C
- Reg Tax loss harvesting
- How to Export Tally data To Excel format?
- About replaced form 15g
Related Threads
CAclubindia
