What is the amount which is allowed as standard deduction under section 16 from Gross salary while computing the Income under head salary?
Section 16 of the Income Tax Act allows a standard deduction of Rs. 50,000 from the gross salary of an employee. This deduction is available to all salaried employees, irrespective of their income or deductions claimed under other sections. The standard deduction is a flat deduction, which means that it is not dependent on the actual expenses incurred by the employee. It is a way of providing a basic level of tax relief to all salaried employees.
Statement:
Only Earth is Sun
Some Earth is Moon
Conclusion:
I. All Earth are Moon is a possibility
II . A...
Statement:
All Chairs are Sofa.
All bookshelf are Sofa.
All Beds are Chairs.
All cabinet are Sofas.
Conclusion: ...
Statements: Some giraffe are zebra.
All zebra are kangaroo.
Conclusions: I. Some gir...
Statements:
No Bed is Table
No Table is Sofa
All Sofa is Chair
Some Chair is Almirah
Conclusions:
I. ...
Statements:
All Tenants are Houses.
All Houses are Huts.
No Hut is an Apartment.
Conclusions:
I. All houses can be Apartment.
II. No Apartment is a Tenant.
Statement:
Atmost some cycle are scooter.
Only a few bike are cycle.
Some bike are scooter.
No bike are car.
Con...
Statements:
Some pen are pencil
No pencil is a mobile
All mobile are laptop
Conclusion:
I. All pen can never be mobile
II. Some laptop can be pen
Statements:
Some water is liquid.
Some liquid is milk.
No ice is milk.
Conclusions:
I. Some water is milk.
. Statements:
No ring is a diamond
All diamonds are pearl
Some bangle are pearl
Conclusions:
I. Some Bangle...
Statements:
Some fabrics are silks.
Some silks are cottons.
Conclusions:
I. At least some cottons are silks
II....
