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Standard Deduction Under new tax regime

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Accountant
30 Points Joined July 2017
Someone please tell me whether there is a standard Deduction of Rs. 50000.00 is applicable in the new tax regime for FY 2023-24
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On 03 March 2024 at 13:21 Report
Replies (12)
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
Yes...
For salaried employees the Standard Deduction Rs 50k is available inn New Tax Regime...
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On 03 March 2024 at 13:39
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Profession Business
28196 Points Joined May 2017
First you hv to apply in specific format Sec 115BAC APPLICABLE.
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On 03 March 2024 at 13:40
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
@ Sabyasachi Mukherjee,

What is Your reply Mr Sabyasachi Mukherjee Sir....
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On 03 March 2024 at 13:50
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Profession Business
28196 Points Joined May 2017
Read the sec and get back to me . It's not the heading of the statement.
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On 03 March 2024 at 14:05
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
Sabyasachi Mukherjee,

What is You read the query...??

Which based I back to You...???

Very Good You didn't post heading of the query...
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On 03 March 2024 at 14:32
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Profession Business
28196 Points Joined May 2017
Do not be foolish it's a relevant section
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On 03 March 2024 at 15:46
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Accountant
1227 Points Joined September 2015
Yes. deduction applicable
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On 03 March 2024 at 17:47
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Profession Business
28196 Points Joined May 2017
Standard deduction under new tax regime
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On 03 March 2024 at 21:28
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
QUERIST ALREADY POSTED WITH HEADING MY DEAR GREAT MR SABYASACHI MUKHERJEE SAAAAREY...
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On 03 March 2024 at 21:34
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Chartered Accountant
86505 Points Joined April 2011
@ sabyasachi mukherjee , you are foolish why you said other foolish
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On 05 March 2024 at 02:59
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Profession Business
28196 Points Joined May 2017
Sec 115BAc is a section which was inserted by the act, read the section. Then speak
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On 05 March 2024 at 16:21
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Chartered Accountant
86505 Points Joined April 2011
But who ask you to insert in each and every query
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On 05 March 2024 at 21:36

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