Deduction in respect of certain income of trade unions
76. (1) A person shall be allowed a deduction of the amount specified in sub-section (2), if such amount is included in the 'gross total income from ordinary sources'.
(2) The amount referred to in sub-section (1) shall be the income chargeable under the heads "Income from house property" and "Income from other sources".
(3) The deduction under sub-section (1) shall be allowed if the person is -
(a) a registered union within the meaning of the Trade Unions Act, 1926; or
(b) an association of registered unions referred to in sub-clause (a).
