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Deduction under Section 16(iii)

Direct Taxation

When a assessee has 2 salaries, pension from employer-1 and salary from employer-2, will the assessee get deduction u/s 16(iii) for professional tax deducted by employer-2?


sundesh kumar

sundesh kumar

CA Inter

7K+

17-Sep-20 13:19

344

Answers (3)

Yes. But within the overall limit.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

17-Sep-20 16:02

Is the overall limit per employee 2500? Or any other limit


Thread Starter

sundesh kumar

sundesh kumar

CA Inter

7K+

17-Sep-20 17:04

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