What is the difference between exemption and deduction?

In: Business and Finance

[Edit]

EXEMPTION DOESN'T FORM PART OF TOTAL INCOME WHILE DEDUCTION FORM PART OF A TOTAL INCOME.

First answer by MANOJRAJ 23. Last edit by MANOJRAJ 23. Contributor trust: 0 [recommend contributor]. Question popularity: 1 [recommend question]

Also see on Answers.com

Difference Between (1998 Album by In My Eyes)
Deduction (Finance)

Research your answer:

Can you answer other questions about business and finance?

Answers.com > Wiki Answers > Categories > Business and Finance > What is the difference between exemption and deduction?

Our contributors said this page should be displayed for the questions below. (Where do these come from

)

If any of these are not a genuine rephrasing of the question, please help out and edit these alternates.

Is deduction subject to exemption in tax? Difference between induction and deduction? Difference between exemption and deduction? Difference between exemption and a deduction? What is the difference between a standard deduction and an exemption?