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Clarification

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(Querist)
28 August 2015 Is there any max.limit regarding PT exmption under section 16 (iii)as per income tax act
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
29 August 2015 No. There is no limit. Deduction is available as per actual payment. The section 16(iii) uses the word "Any sum paid".

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