https://www.taxtmi.com/acts?id=12041 A new deductible item permits an employer's contribution towards an employee's pension scheme to be allowed in computing business or professional income, limited by reference to the employee's salary for the previous year; salary includes dearness allowance if terms of employment so provide and excludes other allowances and perquisites, and the change takes effect from the notified effective date for application in the relevant assessment years. en-us Wed, 02 Mar 2011 15:47:58 +0530 Fri, 11 Mar 2011 14:49:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12041 A new deductible item permits an employer's contribution towards an employee's pension scheme to be allowed in computing business or professional income, limited by reference to the employee's salary for the previous year; salary includes dearness allowance if terms of employment so provide and excludes other allowances and perquisites, and the change takes effect from the notified effective date for application in the relevant assessment years. Act-Rules Bills Wed, 02 Mar 2011 15:47:58 +0530 https://www.taxtmi.com/acts?id=12041