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2006 (5) TMI 60 - SUPREME COURT
Whether two separate limits apply for the purposes of computing disallowance u/s 40A(5) where an employee retires and ceases to be in employment during the previous year, so that one limit will apply in respect of the amounts and benefits received by him as an employee and another for the amounts and benefits received by him as a former employee - held that only one limit is prescribed for deduction on account of salary whether paid to an employee in service or a retired employee