I may please be advised as to how much is the standard deduction applicable to
Senior citizen with income from pension for the AY 2020-21
Menu
Standard deduction in IT for senior citizen AY 2020-21
Replies (4)
Standard deduction of Rs. 50,000 is applicable to all including senior citizens from income under head salary.
Thanks a lot for the reply. god bless.
You're most welcome....☺️
Is this deduction applicable for family pension also?
Recent Topic
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
Related Topics
CAclubindia
