80GG calculation

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102 Points Joined March 2018

In 80GG calculation gross salary+house property - chapter vi a deduction before 80gg

above one is adjusted total income?

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On 25 May 2023 at 13:05 Report
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SEO Sai Gr. Hosp.
210641 Points Joined July 2016

Partly correct...

The adjusted total income means the total income minus the adjustments:

The following should be deducted from the total income:

  1. Long term capital gain
  2. Short-term capital gains which are taxed at 15% that is u/s 111A
  3. Deductions from 80C to 80U (i.e. Chapter VI A) (before deduction u/s. 80GG) &
  4. Income u/s 115A to 115D 
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On 25 May 2023 at 18:55


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