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of <h1>Amendment to Section 16 of Income-tax Act: Deduction on Aggregate Salary from Multiple Employers Retroactive to 1975</h1> In the Income-tax Act, 1961, an amendment to section 16, clause (i), clarifies that when an assessee receives a salary from multiple employers, the deduction under this clause should be calculated based on the total salary due, paid, or allowed. This amendment specifies that the deduction cannot exceed the amount designated under the clause. This provision is retroactively effective from April 1, 1975, ensuring that the computation of deductions considers the aggregate salary from all sources.
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