Deduction

Direct Taxation

Y is it restricted to 1.65lacs

Shruthi V

CA Inter

★ 0

08-Nov-20 15:33

668

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

Shruthi V

CA Inter

★ 0

09-Nov-20 15:04

Thread Starter

Shruthi V

Dint understand

You cannot claim deduction from lottrey income.

CA Suraj Lakhotia

Admin

09-Nov-20 18:12

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Deduction

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