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
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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