can any one explain about sec 80A
CA Gyati Gupta
(In Practice)
(8427 Points)
Replied 01 March 2014
main deductions are u/s 80C-80U
80A just states that:
- an assessee can claim deductions u/s 80c to 80u
-and the amt of deductions under these sections can not exceed the income of an assessee, i.e. an assessee shall not have negative income due to these deductions