Court held that for purpose of calculation of weighed deduction under S. 36(1)(iia) income of employees chargeable under head ‘salaries’ was to be taken as amount after allowance of standard deduction under S. 16 of the Act. (AY. 1983-84)
Pieco Electronics & Electricals Ltd. v. CIT (2019) 267 Taxman 548 /(2020) 187 DTR 19/ 313 CTR 243(Cal.)(HC)
S. 36(1)(iia) : Weighted deduction–Salary paid to blind or physically handicapped persons–Computation-Salary to be taken after allowance of standard deduction. [S. 16]