18 August 2012
DEDUCTIONS UNDER CHAPTER VIA In computing the total income of an assessee, deductions specified under sections 80C to 80U will be allowed from his Gross Total Income {Sec. 80B(5)} in accordance with and subject to the provisions of this Chapter. However, the aggregate amount of deductions under this chapter shall not, in any case, exceed the gross total income of the assessee.
20 August 2012
In interview you should ask back as to whether they need answer for any particular section or the principles associated with VIA. Based on the same you should answer. Ahamed's point is fine.