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Deduction u/s 80gg

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 June 2013 Can I get the benefit of this section if I am staying under Lease option instead of monthly rental payment provided other conditions are fulfilled.
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TKKKKKK

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TKKKKKK (Expert)
21 June 2013 yes you can get benefit for lease amount u/s 80gg
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CMA RV Padmakumar.A

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CMA RV Padmakumar.A (Expert)
21 June 2013 yes rent by whatever name it called...



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Querist : Anonymous

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Querist : Anonymous (Querist)
25 June 2013 Thanks. but can i know what amount I can show it as rent? whether notional interest receivable on total lease amount or ??
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
08 July 2013 It can be taken normal rent receivable for the house. how ever maximum deduction restricted Rs.2500 per month
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
08 July 2013 Agreed with the expert.

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