https://www.taxtmi.com/caselaws?id=15532 An assessee who received salary from two employers in the same assessment year was held not entitled to claim two standard deductions under section 16(i) of the Income-tax Act, 1961. The retrospective Explanation inserted by the Taxation Laws (Amendment) Act, 1984, with effect from 1 April 1975, limited the deduction to one where salary was earned from more than one employer during the accounting year. On that basis, and following the earlier binding decision on the point, the allowance of two separate deductions could not be sustained. The reference was answered against the assessee. en-us Mon, 27 Jul 1998 00:00:00 +0530 Tue, 25 Aug 2009 17:36:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15532 An assessee who received salary from two employers in the same assessment year was held not entitled to claim two standard deductions under section 16(i) of the Income-tax Act, 1961. The retrospective Explanation inserted by the Taxation Laws (Amendment) Act, 1984, with effect from 1 April 1975, limited the deduction to one where salary was earned from more than one employer during the accounting year. On that basis, and following the earlier binding decision on the point, the allowance of two separate deductions could not be sustained. The reference was answered against the assessee. Case-Laws Income Tax Mon, 27 Jul 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15532