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Deduction Under Section 16 (iii)

This query is : Resolved 

12 May 2011 Dear

Pleas Explain the defination and the list of the deduction under Section 16 (iii) for Non Gov. Company.

Regards

13 May 2011 SECTION 16(iii) is professional tax deducted by the employer which is allowed as deduction in computation of employees taxable income.



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