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Direct Taxation
Y is it restricted to 1.65lacs
Shruthi V
CA Inter
★ 0
08-Nov-20 15:33
332
Answers (3)
Because the Amount of deduction does not exceed gross total income excluding capital gains income and sec115bb because those are taxable at flat rates not an slab rates
sudarshan rockz
CA Final
★ 3K+
08-Nov-20 20:31
Dint understand
Thread Starter
09-Nov-20 15:04
You cannot claim deduction from lottrey income.
CA Suraj Lakhotia
Admin
09-Nov-20 18:12