Deduction u/s 80G
This query is : Resolved
24 December 2008
Wheather Deduction u/s 80G is available for income from Winning from lottery & Crossed word Puzzles Sec 115BB
If the Income from the said is below Taxable Limit 150000/- can we claim basic exemption.
From The wordings of Sec 80G it looks like deduction is available.Please clarify
If the Income from the said is below Taxable Limit 150000/- can we claim basic exemption.
From The wordings of Sec 80G it looks like deduction is available.Please clarify
24 December 2008
For calculation of deduction under chapter VI A the Long term capital Gain only be excluded from the total income.
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