standard deductions for ay 2019-20

rate of standard deduction
Replies (2)
No rate for Standard Deduction, Flat Rs. 40,000 standard deduction available for all individual or HUF taxpayers

Standard Deduction under which head of income? 

Income from Salary - Rs.40000 inplace of medical expenditure & conveyance allowance 

Income from House Property - at 30% of Net Annual Value 

 

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