24 April 2018
Sir I gets HRA 5000/Month and i pay rent rs 7000/ month. Can i get any exemption or deduction under section 80 tta. If yes, do i need to submit rent receipts to income tax dept.
25 April 2018
Section 80TTA provides a deduction of Rs 10,000 on interest income with savings deposit. So question of HRA not arise under 80 TTA. So you can claim deduction u/s 10 ( 13a) as per limits allowed.
25 April 2018
Section 80 TTA referred here wrongly in the queryy...So can such deduction be availed for rent under section 80gg as per detail in above query
CAclubindia
