https://www.taxtmi.com/acts?id=23519 The inserted Explanation to section 10AA provides that the deduction under section 10AA shall be allowed from the assessee's total income computed under the Act before giving effect to section 10AA, and that the deduction shall not exceed such total income, thereby clarifying the order of computation and capping the deduction. en-us Wed, 01 Feb 2017 17:42:12 +0530 Wed, 01 Feb 2017 17:42:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23519 The inserted Explanation to section 10AA provides that the deduction under section 10AA shall be allowed from the assessee's total income computed under the Act before giving effect to section 10AA, and that the deduction shall not exceed such total income, thereby clarifying the order of computation and capping the deduction. Act-Rules Bill Wed, 01 Feb 2017 17:42:12 +0530 https://www.taxtmi.com/acts?id=23519