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80B Meaning of Gross Total Income under chapter VIA of Income Tax Act

Section 80B explains the meaning of Gross Total Income. As per Section 80B(5) of Income Tax Act Gross Total Income means the total income computed in accordance with the provisions of Income Tax Act before making any deductions under Chapter VIA. Provisions in the Income Tax Act related to this section are:

 

80B (5) "gross total income" means the total income computed in accordance with the provisions of this Act, before making any deduction under this Chapter

 

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