Salary income threshold under prescribed tax rules is fixed for application of the relevant salaries provision. For the purposes of section 17(1)(c)(ii), the prescribed income chargeable under the head 'Salaries' is fixed at the specified threshold. The rule operates as a definition of the income level to be applied for that provision and identifies the amount of salary income that is treated as prescribed income under the Rules.
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Provisions expressly mentioned in the judgment/order text.
Salary income threshold under prescribed tax rules is fixed for application of the relevant salaries provision.
For the purposes of section 17(1)(c)(ii), the prescribed income chargeable under the head "Salaries" is fixed at the specified threshold. The rule operates as a definition of the income level to be applied for that provision and identifies the amount of salary income that is treated as prescribed income under the Rules.
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