banner_ad

Standard Deduction Under new tax regime

439 views 12 replies
User Avatar

Accountant
30 Points Posted on 03 March 2024
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
Reply Share Follow
On 03 March 2024 at 13:21 Report
Replies (12)
User Avatar

"Do the Right Thing...!!!"
128147 Points Posted on 03 March 2024
Yes...
For salaried employees the Standard Deduction Rs 50k is available inn New Tax Regime...
463 Reply
On 03 March 2024 at 13:39
User Avatar

Profession Business
28207 Points Posted on 03 March 2024
First you hv to apply in specific format Sec 115BAC APPLICABLE.
44 Reply
On 03 March 2024 at 13:40
User Avatar

"Do the Right Thing...!!!"
128147 Points Posted on 03 March 2024
@ Sabyasachi Mukherjee,

What is Your reply Mr Sabyasachi Mukherjee Sir....
463 Reply
On 03 March 2024 at 13:50
User Avatar

Profession Business
28207 Points Posted on 03 March 2024
Read the sec and get back to me . It's not the heading of the statement.
44 Reply
On 03 March 2024 at 14:05
User Avatar

"Do the Right Thing...!!!"
128147 Points Posted on 03 March 2024
Sabyasachi Mukherjee,

What is You read the query...??

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

Very Good You didn't post heading of the query...
463 Reply
On 03 March 2024 at 14:32
User Avatar

Profession Business
28207 Points Posted on 03 March 2024
Do not be foolish it's a relevant section
44 Reply
On 03 March 2024 at 15:46
User Avatar

Accountant
1227 Points Posted on 03 March 2024
Yes. deduction applicable
5 Reply
On 03 March 2024 at 17:47
User Avatar

Profession Business
28207 Points Posted on 03 March 2024
Standard deduction under new tax regime
44 Reply
On 03 March 2024 at 21:28
User Avatar

"Do the Right Thing...!!!"
128147 Points Posted on 03 March 2024
QUERIST ALREADY POSTED WITH HEADING MY DEAR GREAT MR SABYASACHI MUKHERJEE SAAAAREY...
463 Reply
On 03 March 2024 at 21:34
User Avatar

Chartered Accountant
86505 Points Posted on 05 March 2024
@ sabyasachi mukherjee , you are foolish why you said other foolish
814 Reply
On 05 March 2024 at 02:59
User Avatar

Profession Business
28207 Points Posted on 05 March 2024
Sec 115BAc is a section which was inserted by the act, read the section. Then speak
44 Reply
On 05 March 2024 at 16:21
User Avatar

Chartered Accountant
86505 Points Posted on 05 March 2024
But who ask you to insert in each and every query
814 Reply
On 05 March 2024 at 21:36


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details