https://www.taxtmi.com/caselaws?id=25722 Under section 16 of the Income-tax Act, 1961, as retrospectively amended from 1 April 1975, standard deduction could not be claimed separately for each salary source merely because an employee received salary from more than one employer in the same year. The binding statutory interpretation required a single deduction in respect of salary income, so the Tribunal erred in allowing multiple deductions. The question was answered against the assessee and in favour of the Revenue. en-us Tue, 15 Jul 1986 00:00:00 +0530 Sat, 30 Jan 2010 14:44:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25722 Under section 16 of the Income-tax Act, 1961, as retrospectively amended from 1 April 1975, standard deduction could not be claimed separately for each salary source merely because an employee received salary from more than one employer in the same year. The binding statutory interpretation required a single deduction in respect of salary income, so the Tribunal erred in allowing multiple deductions. The question was answered against the assessee and in favour of the Revenue. Case-Laws Income Tax Tue, 15 Jul 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25722