I would like to share query as follows;
Suppose ABC Company has following Original computation of income for AY 2013-14
Computation of Income |
(Rs.) |
Total (Rs.) |
Income from Business or Profession |
|
100 |
Income from Other Sources:
|
10 (12) |
(2) |
Total |
|
98 |
Less: C/f Business Loss |
|
(25) |
Gross Total Income |
|
73 |
Deduction U/s 80IA* |
|
(73) |
Net Taxable Income |
|
0 |
*Entire business income is eligible for deduction u/s 80IA
-Now after Scrutiny assessment U/s 143(3) assessing office has considered certain business income of Rs. 5 as income from other Sources.
-Now how much amount will be eligible for deduction U/s 80IA ??
weather Rs. 70/- or Rs. 68/- or any other Amount ??