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Devendra Kumar Chauhan

Standard deduction of 40000 u/s 16(ii)...
pl clarify standard deductions
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Amlan Dutta
This is available for FY 2018 19 , salaried class people will now get standard deduction (Under section 16 for Rs 40,000/- which will replace the conveyance allowance(19200 rs) and the medical reimbursement(15000 Rs) documentation etc proof needs to be submitted ...
  • August 4, 2018
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Deduction U/s 16...
Hi Amlan,
My form 16 section 2 has sum of all exemptions (HRA, Transport and payment towards medical). So can I consider all 3 and mention as exemption or I just have to include only Transport allowance which is 19200. Please clarify. I've watched your video
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