Amendment of Section 16

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Full Text of the Document

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....ed on the basis provided hereunder, namely :- (a) where the salary derived from such employment does not exceed Rs. 10,000 20 per cent. of such salary; (b) where the salary derived from such employment exceeds Rs. 10,000 Rs. 2,000 plus 10 per cent. of the amount by which such salary exceeds Rs. 10,000 or Rs. 3,500, whichever is less; Provided that - (i) where the assessee is in receipt o....