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Income-tax Act, 1961

Section - 16 - Deductions from salaries

Deductions from salaries.

16. The income chargeable under the head "Salaries" shall be computed after making the following deductions, namely :-

(i)- [***]
(ia) -a deduction of fifty thousand rupees or the amount of the salary, whichever is less:
-6[Provided that in a case where income-tax is computed under clause (ii) 6a[or clause (iii)] of sub-section (1A) of section 115BAC, the provisions of this clause shall have effect as if for the words "fifty thousand rupees", the words "seventy-five thousand rupees" had been substituted;]
(ii)- a deduction in respect of any allowance in the nature of an entertainment allowance specifically granted by an employer to the assessee who is in receipt of a salary from the Government, a sum equal to one-fifth of his salary (exclusive of any .... To read the full section download the app from Google Play store
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