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1998 (12) TMI 21 - MADRAS HIGH COURTExtract: .......orrect in holding that the amount received should be assessed under the head Salary and the assessee can claim standard deduction under section 16(i) of the Income-tax Act, 1961, in respect of the same. Accordingly, we answer the question of law referred to us in the negative and in favour of the Revenue. However there will be no order as to costs.
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