https://www.taxtmi.com/caselaws?id=56693 The Tribunal upheld the pensioner's deduction of Rs. 2,085 under section 16(i) of the IT Act, 1961, ruling that pension qualifies as salary for taxation purposes. It determined that pensioners are entitled to claim standard deductions without proof of actual expenditure, emphasizing that pension is included in the definition of 'salary' under section 17. The Tribunal stressed the equitable treatment of pensioners in taxation matters and dismissed the Revenue's appeal, highlighting the legislative intent to prevent restrictive interpretations that disadvantage pensioners in claiming deductions. en-us Thu, 10 Aug 1978 00:00:00 +0530 Mon, 06 Dec 2010 13:30:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56693 The Tribunal upheld the pensioner's deduction of Rs. 2,085 under section 16(i) of the IT Act, 1961, ruling that pension qualifies as salary for taxation purposes. It determined that pensioners are entitled to claim standard deductions without proof of actual expenditure, emphasizing that pension is included in the definition of 'salary' under section 17. The Tribunal stressed the equitable treatment of pensioners in taxation matters and dismissed the Revenue's appeal, highlighting the legislative intent to prevent restrictive interpretations that disadvantage pensioners in claiming deductions. Case-Laws Income Tax Thu, 10 Aug 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56693