Deduction of rent paid from Salary Income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 January 2010
please let me know the amount of deduction for rent paid by me for own use.
My Total Salary Income is 224000/- & i am not getting HRA. I am going to shift to rented house from 01.02.2010 & going to pay Rs.3000/- Pm rent (rent for 2 months i.e. Feb & March'10 will be paid). please let me know the amount eligibal for deduction for year 2009-10. Also pls tell me what is a procedure for claiming the same.
thanks,
My Total Salary Income is 224000/- & i am not getting HRA. I am going to shift to rented house from 01.02.2010 & going to pay Rs.3000/- Pm rent (rent for 2 months i.e. Feb & March'10 will be paid). please let me know the amount eligibal for deduction for year 2009-10. Also pls tell me what is a procedure for claiming the same.
thanks,
28 January 2010
rent paid for own use house while HRA is not received from employer, deduction can be calaimed u/s 80GG as under:
The deduction shall be the least of the following amounts:
• Rs. 2000 per month
• 25 percent of the Adjusted Total Income
• The excess of actual rent paid over 10 per cent of Adjusted total Income
The deduction shall be the least of the following amounts:
• Rs. 2000 per month
• 25 percent of the Adjusted Total Income
• The excess of actual rent paid over 10 per cent of Adjusted total Income
28 January 2010
If the HRA not received you can claim Sec.80GG
28 January 2010
Agree with both Experts, if you not received HRA then you can claim deduction under section 80GG
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- Banking Related Issue
- ASMT-10 received from A O
- ITR-3 File/Error Found
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- Difff in ais receipts and gst turnover
- Gst on travel by air for business purposes
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- CASH GIFT FROM BLOOD RELATIVE
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
