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Total Income Calculation - Schedule AL

This query is : Resolved 
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(Querist)
21 July 2024 For Schedule AL, the limit is Total Income of 50 Lakhs

1. Total Income = Gross Income - Set off Losses of Last Year - Deductions Available - Agriculture Income
2. Total Income = Gross Income + Agriculture Income - Deductions Available
3. Total Income = Gross Income + Agriculture Income - Set off Losses of Last Year
4. Total Income = Gross Income + Agriculture Income - Set off Losses of Last Year - Deductions Available - Agriculture Income

Please advice.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
21 July 2024 Total Income = Gross Income + Agriculture Income - Set off Losses of Last Year - Deductions Available
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