Adjusted total annual income under Section 80GG refers to the income excluding the short-term and long-term capital gains (only short-term capital gains that are subject to 10% taxation as per Section 111A are excluded) and excluding the income under Section 115A to 115D and tax deductions from 80C to 80U.
The adjusted total income is:
Gross total income minus long term capital gain minus short term capital gain that is subject to 10% taxation minus deductions under Section 80C to 80U minus income from a foreign company.
Note: Section 80 GG deductions are not included in deductions from 80C to 80U.