Sec 16(iii)

ANS: Rs. 2500/-

Sec. 16(iii), a deduction of any sum paid by the assessee on account of a tax on employment within the meaning of clause (2) of article 276 of the Constitution, leviable by or under any law

Sec. 16(iii) does not prescribe any statutory limit.

Maximum levy of professional tax of Rs. 2,500/- has been given in Article 276(2) of the Constitution of India, as under,

“The total amount payable in respect of any one person to the State or to any one municipality, district board, local board or other local authority in the State by way of taxes on professions, trades, callings and employments shall not exceed two thousand and five hundred rupees per annum.”