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<h1>Income-tax Act Section 36 Amended: Employers Can Deduct Employee Contributions if Credited by Due Date.</h1> Section 36 of the Income-tax Act is amended to include a new clause, effective April 1, 1988. This clause allows deductions for sums received by an assessee from employees, provided these sums are credited to the employees' accounts in relevant funds by the due date. The 'due date' is defined as the deadline by which an employer must credit an employee's contribution to their account under applicable laws, rules, orders, notifications, or contractual obligations.