stadard deduction of 15000/=or 33 1/3% whichever is less has been allowed for family pensioners is this stil valid. Under what number this standard deduction comes (e.g. 80cca or 80 cc)
R.VENKAT (retired) 20 June 2015
stadard deduction of 15000/=or 33 1/3% whichever is less has been allowed for family pensioners is this stil valid. Under what number this standard deduction comes (e.g. 80cca or 80 cc)
R K JAIN (Advocate) 24 June 2015
Please refer section 57(iia) of IT Act.
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