Section 16 amendment clarifies deduction treatment for employment-related expenditure and allowances, changing wording and scope. Amendment modifies the treatment of employment-related expenses and allowances by altering wording to treat them as deductions: clause (i) substitutes "a ... Summary
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Section 16 amendment clarifies deduction treatment for employment-related expenditure and allowances, changing wording and scope.
Amendment modifies the treatment of employment-related expenses and allowances by altering wording to treat them as deductions: clause (i) substitutes "a deduction of" for existing phrasing and omits the words "derived from such employment," while clause (ii) substitutes "a deduction in respect of any allowance" for the prior wording.
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