Amendment status not verified — confirm the current text below against the official source.
The income chargeable under the head "Salaries" shall be computed after making the following deductions, namely:-- (i) [x x x x] (ia) a deduction of fifty thousand rupees or the amount of the salary, whichever is less; (ii) a deduction in respect of any allowance in the nature of an entertainment allowance specifically granted by an employer to the assessee who is in receipt of a salary from the Government, a sum equal to one-fifth of his salary (exclusive of any allowance, benefit or other perquisite) or five thousand rupees, whichever is less; (iii) a deduction of any sum paid by the assessee on account of a tax on employment within the meaning of clause (2) of article 276 of the Constitution, leviable by or under any law. (iv) [x x x x] (v) [x x x x]