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Answer Posted / raju chandragiri
The following are the deductions from the Salary:
Last Year Standard deduction is their (At present there is
no standard deduction - removed Asst.Year 2007-08)
Entertainment Allowance as deduction u/s.16(ii)
Profession Tax allowed as a deduction u/s.16(iii)
| Is This Answer Correct ? | 77 Yes | 24 No |
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