27 February 2020
capital gain from sell of property no benefit of 80c to 80u is available only slab benefit is available for ay 1920 i want to ask a simple question whether for calculating total income for slab benefit 80 to 80u will be taken in to consideration or not , suppose capital gain is 120000 other business income 240000 and 80c to 80u is 80000 then we can deducte 80000 from 240000 to arrive at 160000 to fix salb or not .. kindlly guide
CAclubindia
