Dear Sir/Madam
Plz suggest me whether a Direcor can claim deduction u/s16(iii) regarding payment of Professional tax which has been deducted from his salary?
CA Shruti Gupta
(CMA FINAL CS Final)
(1434 Points)
Replied 03 June 2013
yes sir
director can claim deduction u/s 16(iii) as professional tax