https://www.taxtmi.com/caselaws?id=18702 Section 36(1)(viii) was interpreted to require the deduction to be computed on 25 per cent of total income after excluding both Chapter VI-A deductions and the deduction under section 36(1)(viii) itself, because the statutory context and the phrase in section 2 allowed "total income" to be read accordingly. The later 1985 amendment inserting "and this clause" was treated as confirming that construction for earlier assessment years. The result was that the deduction base was narrower than a reading limited only by Chapter VI-A deductions. en-us Wed, 12 Jul 1995 00:00:00 +0530 Sat, 31 Oct 2009 13:55:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18702 Section 36(1)(viii) was interpreted to require the deduction to be computed on 25 per cent of total income after excluding both Chapter VI-A deductions and the deduction under section 36(1)(viii) itself, because the statutory context and the phrase in section 2 allowed "total income" to be read accordingly. The later 1985 amendment inserting "and this clause" was treated as confirming that construction for earlier assessment years. The result was that the deduction base was narrower than a reading limited only by Chapter VI-A deductions. Case-Laws Income Tax Wed, 12 Jul 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18702