Amendment of section 17.

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....rring after sub-clause (viii), in clause (vi), in the long line, in clause (B), for the words "two lakh rupees", the words "such amount as may be prescribed" shall be substituted. - Clause 9 of the Bill seeks to amend section 17 of the Income-tax Act relating to "salary", "perquisite" and "profits in lieu of salary" defined. The existing provisions of clause (2) of section 17, inter alia, prov....

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....employee for medical treatment, or travel and stay abroad of one attendant who accompanies the patient, shall not be included in "perquisite", subject to the condition, among others, that the expenditure on travel shall be excluded only in the case of an employee whose gross total income, as computed before including the said expenditure, does not exceed two lakh rupees. It is proposed to amend t....