2024 (1) TMI 1079

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....ngh Gaharwar (Owner)<br>Income Tax<br>2024 (1) TMI 1079 - MADHYA PRADESH HIGH COURT - TMI<br>MADHYA PRADESH HIGH COURT - HC (Judgement / Order / Decisions)<br>Dated:- 2-1-2024<br>Misc. Civil Case No. 366 of 2023 - -<br>Income Tax<br>Hon&#39;ble Shri Justice Vivek Agarwal For the Applicant : Shri Gulab Chand Sohane - Advocate For the Respondents : Shri Ram Saran Rathore - Advocate ORDER ....

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....king the facts that standard deduction and Professional Tax is to be deducted, so also amount exempted under Section 80(c) of the Income Tax Act are to be exempted. Thus, out of Rs. 6,38,400/- deduction is to be of Rs. 50,000/- towards standard deduction. Another sum of Rs. 72,000/- will be deducted under Section 80(c) of the Income Tax Act on account of monthly contribution of Rs. 6000/- per mont....