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.

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

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 ??

08 July 2013 It can be taken normal rent receivable for the house. how ever maximum deduction restricted Rs.2500 per month

08 July 2013 Agreed with the expert.


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