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Start learning 50% faster. Sign in nowUnder new regime, most deductions under Chapter VI-A (except 80CCD(2)) & 80EEB are not allowed. • Gross Salary Income = ₹18,00,000 • Deductions claimed: o ₹1.5 lakh to PPF → Not allowed o ₹50,000 to NPS (80CCD(1B)) → Not allowed o ₹2 lakh interest on EV loan (80EEB) → Not allowed Allowed Deduction: • Standard deduction: ₹50,000 (allowed under new regime) Taxable Income Calculation (New Regime): Taxable Income = ₹18,00,000 – ₹50,000 = ₹17,50,000
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(NOTE : Operations should be performed ...
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(The words must be considered as meaning...
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Choose the correct option in which the given figure is embedded
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