80GG calculation

Partly correct...

The adjusted total income means the total income minus the adjustments:

The following should be deducted from the total income:

1. Long term capital gain
2. Short-term capital gains which are taxed at 15% that is u/s 111A
3. Deductions from 80C to 80U (i.e. Chapter VI A) (before deduction u/s. 80GG) &
4. Income u/s 115A to 115D