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Bare acts > Income Tax Act, 1961 > Section 16
 
   


 

16. Deductions from salaries.- The income chargeable under the head “Salaries” shall be computed after making the following deductions, namely :—

(i) Omitted

(ii) a deduction in respect of any allowance in the nature of an entertainment allowance specifically granted by an employer to the assessee who is in receipt of a salary from the Government, a sum equal to one-fifth of his salary (exclusive of any allowance, benefit or other perquisite) or five thousand rupees, whichever is less;

(iii) a deduction of any sum paid by the assessee on account of a tax on employment within the meaning of clause (2) of article 276 91 of the Constitution, leviable by
or under any law.

(iv) Omitted

(v) Omitted

 

 

 

 

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