21 July 2024
For Schedule AL, the limit is Total Income of 50 Lakhs
1. Total Income = Gross Income - Set off Losses of Last Year - Deductions Available - Agriculture Income 2. Total Income = Gross Income + Agriculture Income - Deductions Available 3. Total Income = Gross Income + Agriculture Income - Set off Losses of Last Year 4. Total Income = Gross Income + Agriculture Income - Set off Losses of Last Year - Deductions Available - Agriculture Income
CAclubindia
