Showing posts with label New Standard Deduction Rs.50000 for F.Y. 2019-20Automated Income Tax Form 16 Part A&B and Part B for A.Y. 2020-21. Show all posts
Showing posts with label New Standard Deduction Rs.50000 for F.Y. 2019-20Automated Income Tax Form 16 Part A&B and Part B for A.Y. 2020-21. Show all posts
October 19, 2019

INCOME TAX REBATE RS.50,000/- AS THE STANDARD DEDUCTION FOR F.Y. 2019-20 WITH AUTOMATED FORM 16 PART A&B AND PART B, IN NEW FORMAT FOR THE F.Y 2019-20 & AY 2020-21

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Standard Deduction of Rs 50,000 in-lieu of Medical Allowance – Budget 2018  From the F.Y 2017 – 18 the medical allowance of up to Rs 15,...