TMI BlogAmendment of section 16.X X X X Extracts X X X X X X X X Extracts X X X X ..... , the provisions of this clause shall have effect as if for the words fifty thousand rupees , the words seventy-five thousand rupees had been substituted; . - Clause 10 of the Bill seeks to amend section 16 of the Income-tax Act relating to deductions from salaries. The provisions of clause (ia) of the said section provides that a deduction of fifty thousand rupees or the amount of the salary, whi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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