banner_ad

Income tax _80gg

This query is : Resolved 
Profile Image

Profile Image

(Querist)
20 September 2021 Can deduction under section 80GG be claimed if the rent is paid in cash?If yes, is there any limit for the payment of rent in cash?

Thanks in Advance
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
20 September 2021 As per section 80GG w.r.t. Rule 11B, the assessee has to file Declaration under Form 10BA. There you have to declare total amount of rent paid by Cash/Cheque.
Profile Image

Kowsalya

Profile Image

Kowsalya (Querist)
20 September 2021 Thank you sir for your prompt reply.
Is there any limit for payment of rent in cash?
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
20 September 2021 As such there is no limit specified, because the maximum deduction P.M. is only Rs. 5,000/- subject to the following conditions.

Quantum of deduction shall be the least of the following:
a. Actual Rent paid minus 10 percent the adjusted total income.
b. 5,000/- per month.
c. 25% of Adjusted Total Income.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!




Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
28 April 2026
Senior Accounts Professional

Vivek S Gupta & Associates

New Delhi

B.Com

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details