exemption and deduction
Rajni Maurya (9 Points)
11 May 2018
tell about the all exemptions and deduction under all 5 heads according to current accounting year
2 Replies
Fatin Nizami
(338 Points)
Replied 11 May 2018
Exemptions will be u/s 10
Deductions are enlisted under Chapter VI-A.
Apart from these individual deductions are given in the relevant sections of the sources of income.
DEBIPRASAD NANDA
(Student)
(24 Points)
Replied 11 May 2018
Exemption is the part of Each head of income where as Deduction is the part of Gross total income.
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