Rule 17 prescribes the income under the head "Salaries" for section 17(1)(c)(ii).
17
Rules 2026 · Rule 17
Salary income carve-out (s. 17(1)(c)(ii))
Rules 15-21
Rules 2026 · Rule 17
Rules 15-21
Rule 17 prescribes the income under the head "Salaries" for section 17(1)(c)(ii).
The rule. For the purposes of section 17(1)(c)(ii), the prescribed income under the head "Salaries" is Rs. 4,00,000.
Use. The rule only supplies the number; the way section 17(1)(c)(ii) uses it is in the section, so read the two together.