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    <title>Section.16(1) - Standard deduction admissibility to pensioner - Reference applications not to be filed unless tax effect is beyond specified limit.</title>
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    <description>The Board affirms that the standard deduction is not admissible to a pensioner based on the statutory language and Ministry of Law advice, notes conflicting ITAT decisions granting the deduction, and directs that fresh reference applications should not be filed unless the tax effect exceeds the specified minimum; appeals on the question are to be held pending enactment of clarifying provisions.</description>
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    <pubDate>Fri, 01 Feb 1980 00:00:00 +0530</pubDate>
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      <title>Section.16(1) - Standard deduction admissibility to pensioner - Reference applications not to be filed unless tax effect is beyond specified limit.</title>
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      <description>The Board affirms that the standard deduction is not admissible to a pensioner based on the statutory language and Ministry of Law advice, notes conflicting ITAT decisions granting the deduction, and directs that fresh reference applications should not be filed unless the tax effect exceeds the specified minimum; appeals on the question are to be held pending enactment of clarifying provisions.</description>
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      <pubDate>Fri, 01 Feb 1980 00:00:00 +0530</pubDate>
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