28 July 2013
Dear Sir, Suppose an assessee has a residential house in Delhi, however his business is in Ghaziabad. And he has taken a house on rent in Ghaziabad. Whether he can take benefit of section 80GG and for which rent receipts are necessary.
28 July 2013
The assessee can claim 80GG deduction subject to conditions prescribed there under. One of the conditions is he should not have any self Occupied house (NIL -NAV) at any other place also. If shows rental income from his own house, he can claim 80GG.