https://www.taxtmi.com/caselaws?id=182567 Section 80IA deduction is discussed as being available in computing total income only up to the gross total income as computed under the Act, because Chapter VI-A deductions cannot exceed gross total income under Section 80A(2). The text distinguishes this ceiling from any further restriction to profits and gains of the eligible business alone, and states that "total income" means income computed in the manner laid down by the Act. On that basis, the deduction is described as not being confined to business profits only, but limited by the gross total income computation. en-us Thu, 25 Mar 2010 00:00:00 +0530 Fri, 13 May 2016 13:13:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182567 Section 80IA deduction is discussed as being available in computing total income only up to the gross total income as computed under the Act, because Chapter VI-A deductions cannot exceed gross total income under Section 80A(2). The text distinguishes this ceiling from any further restriction to profits and gains of the eligible business alone, and states that "total income" means income computed in the manner laid down by the Act. On that basis, the deduction is described as not being confined to business profits only, but limited by the gross total income computation. Case-Laws Income Tax Thu, 25 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182567