Chapter VIA Deductions from Gross Total Income of Individuals & HUF

• September 24, 2020
• CA Chandan Agarwal's Office

Deductions from the Gross Total Income of Individuals and Hindu Undivided Family Chapter VI – A

Sections 80C to 80U of the Income Tax Act specifies the deductions to be made from the gross total income of an assesses. Gross total Income means the total income, under all the five heads of Income i.e.

Salary Income

Income from House Property

Profit and gain of Business or Profession Income

Capital Gains and

Income from Other Sources.

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