https://www.taxtmi.com/caselaws?id=19641 The Bombay High Court clarified the interpretation of Section 16(i) of the Income-tax Act, 1961, regarding deductions from salary derived from multiple employments. The court held that the deduction should be calculated based on the aggregate salary received by the assessee from all employers, not separately for each employer. The court emphasized that the maximum deduction limit of Rs. 3,500 under Section 16(i) applied regardless of the number of employers. The court ruled in favor of the Revenue, stating that separate deductions for each employer exceeding the monetary ceiling were incorrect. en-us Thu, 10 Nov 1994 00:00:00 +0530 Sat, 07 Nov 2009 16:11:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19641 The Bombay High Court clarified the interpretation of Section 16(i) of the Income-tax Act, 1961, regarding deductions from salary derived from multiple employments. The court held that the deduction should be calculated based on the aggregate salary received by the assessee from all employers, not separately for each employer. The court emphasized that the maximum deduction limit of Rs. 3,500 under Section 16(i) applied regardless of the number of employers. The court ruled in favor of the Revenue, stating that separate deductions for each employer exceeding the monetary ceiling were incorrect. Case-Laws Income Tax Thu, 10 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19641