TMI BlogAmendment of section 16X X X X Extracts X X X X X X X X Extracts X X X X ..... by section 6 of the Finance Act, 2005 (18 of 2005)], the following clause shall be inserted with effect from the 1st day of April, 2019, namely: (ia) a deduction of forty thousand rupees or the amount ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as to provide for deduction of forty thousand rupees or the amount of the salary, whichever is less, for the purpose of computing the income chargeable under the said head. This amendment will take ef ..... X X X X Extracts X X X X X X X X Extracts X X X X
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