Availing chapter vi-a deduction

ITR 860 views 3 replies

Dear All,

I am showing Presumptive income(Sec 44AD) of about 147,000(more than 8% gross receipts) and salary income(no tds deducted) approx. 100,000 A.Y. 2012-13.

Can we claim deductions 80C deductions against Salary income??

Plz reply.

Replies (3)

Yes, you can claim deductions from your Gross Total Income because even Deductions u/s 80C to 80GGC are allowed from imcome computed u/s 44AD.

Agreed with Irfan

Thanks to both of u.smiley


CCI Pro

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