TMI BlogAmendment of section 16X X X X Extracts X X X X X X X X Extracts X X X X ..... itted by section 6 of the Finance Act, 2005 (18 of 2005)], the following clause shall be inserted with effect from the 1st day of April, 2019, namely: (ia) a deduction of forty thousand rupees o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ) in the said section so as to provide for deduction of forty thousand rupees or the amount of the salary, whichever is less, for the purpose of computing the income chargeable under the said head. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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