Sir, to be eligible fr. benifits u/s88,the payer has to have a gross income below 5,00,000/- how does one arrive at this fig.Do we first deduct u/s10 to get gross taxable fig and then deduct std.deds. to arrive at the taxable gross amt. which gross fig. will we take to be eligble fr.sec.88 benifits? Pl. advise urgently. thank you, R.Verma
