Deduction under chap vl-a

This query is : Resolved 
 

(Querist) 26 March 2014

under sec - 80CCG, The GTI of the assesse for the relevant AY should not exceed how much amount?


Murtaza Bhagat (Expert) 26 March 2014

the gross total income of the assessee for the relevant assessment year shall not exceed
ten lakh rupees;
Note: this scheme of deduction does not apply to the Individual assessee, whose gross total
income (i.e. income before availing deduction under chapter VI-A of the Act) exceeds Rs.10
lakhs



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