5 days ago — 5 days ago
noun · the act or process of deducting; subtraction. · something that is or may be deducted: She took deductions for a home office and other business expenses.
A deduction is an expense that can be subtracted from a taxpayer's gross income in order to reduce the amount of income that is subject to taxation.
a deduction allowed to a taxpayer because of his or her status (having certain dependents or being blind or being over 65 etc.) entertainment deduction.
7 Jun 2024 — 7 Jun 2024The meaning of DEDUCT is to take away (an amount) from a total : subtract. How to use deduct in a sentence.
7 days ago — 7 days agoSection 80 Deductions: A complete guide on Income Tax deduction under section 80C, 80CCC, 80CCD & 80D. Find out the deduction under section.
deduction · 1. countable noun. A deduction is a conclusion that you have reached about something because of other things that you know to be true. · 2.
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