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standard deduction
While filling ITR 1 standard deduction is auto calculated or we have to fill 40,000 in the cell?
Replies (3)
You need to fill the amount in column B1 - Salary/Pension ....
under Row (a) Standard deduction u/s. 16(ia).
Any reply
Same as that given by Dhirajlal Sir,
In ITR 1 Go to 'Computation of Income and Tax' page.
In Part B Gross total Income.... go to row (a) .... "standard deduction u/s. 16(ia)" ...
There you can fill the data of 40,000/- or as actual. (its not auto-populated)
Good Luck.
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