Section 80AB of Chapter Via of Income tax act explains the deductions in respect of certain incomes which is included in the gross total income and the concept computing income. Legal provisions mentioned in Section 80AB related to deductions to be made under chapter VIA of Income tax are:
Deductions in respect of certain incomes" in respect of any income of the nature specified in that section which is included in the gross total income of the assessee, then, notwithstanding anything contained in that section, for the purpose of computing the deduction under that section, the amount of income of that nature as computed in accordance with the provisions of this Act (before making any deduction under this Chapter) shall alone be deemed to be the amount of income of that nature which is derived or received by the assessee and which is included in his gross total income.
Income Tax Deductions under Chapter VIA
Section 80IE Special provisions in respect of certain undertakings in