Discuss the term Income From Salaries (Sec.2(15) under the Income Tax Act, 1961.

Income Tax Act, 1961 under  (Sec.2(15) Income from salary is the income or remuneration received by an individual for services he is rendering or a contract undertaken by him. This clause essentially assimilates the remuneration received _____ ________ _______ __________ _________.
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