Poonawalla fincorps
Poonawalla fincorps

Deductions for 44ad

This query is : Resolved 

01 March 2014 Are there any deductions allowed for eligible assesees, u/s 44AD, u/c Vl A?

01 March 2014 Not eligible for Deductions under any provisions of Chapter VIA under the heading “C. - Deductions in respect of certain incomes” in the relevant assessment year.
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Refer....for those ineligible http://www.taxmanagementindia.com/site-map/income_tax/List_Act_Rule_Chapter_Sec.asp?Ch_ID=321&Act_ID=222
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You can claim 80C,80D,80G,80TTA,80U.,etc



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