https://www.taxtmi.com/caselaws?id=17565 The High Court of Madras ruled in favor of the assessee, Mr. U. Mohan Rao, allowing a standard deduction of Rs. 3,500 for receiving salary income from two employers without a car for personal use. The court held that the assessee was not entitled to separate deductions for salaries from each employer, consolidating the incomes for the deduction calculation. The judgment emphasized the correct application of section 16 of the Income-tax Act and the relevant Explanation and proviso, providing clarity on standard deductions for individuals with multiple salary sources. en-us Tue, 18 Jun 1996 00:00:00 +0530 Wed, 23 Sep 2009 13:14:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17565 The High Court of Madras ruled in favor of the assessee, Mr. U. Mohan Rao, allowing a standard deduction of Rs. 3,500 for receiving salary income from two employers without a car for personal use. The court held that the assessee was not entitled to separate deductions for salaries from each employer, consolidating the incomes for the deduction calculation. The judgment emphasized the correct application of section 16 of the Income-tax Act and the relevant Explanation and proviso, providing clarity on standard deductions for individuals with multiple salary sources. Case-Laws Income Tax Tue, 18 Jun 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17565