1989 (2) TMI 15

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..... ppellate Tribunal was justified in holding that the assessee was entitled to standard deduction under section 16(i) of the Income-tax Act, 1961, in respect of salaries received from each employer separately ?" The question has to be answered in the negative, i.e., in favour of the Revenue and against the assessee in view of Explanation I introduced in section 16(i) of the Income-tax Act, 1961, w .....

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..... see and shall in no case exceed the amount specified under this clause." In view of the specific language of Explanation 1, it has to be held that the standard deduction should be computed with reference to the aggregate salary received by the assessee for each assessment year and that such deduction should in no case exceed the amount specified under clause (i) of section 16. Reference is answe .....

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