Rent paid by partner of partnership firm,
This query is : Resolved
12 January 2019
Sir,
i question is,
if a partner of partnership fIrm paying rent to his lanlord for his . can he avail deduction of 80GG in his itr. and he is receiving salary and profit from partnership firm.
please guide me
i question is,
if a partner of partnership fIrm paying rent to his lanlord for his . can he avail deduction of 80GG in his itr. and he is receiving salary and profit from partnership firm.
please guide me
14 January 2019
Yes Subject to Fulfillment of Conditions of Sec 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
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- TDS on property - Form 141 query
- F & O PROFIT REPORTING FOR AY 2026-27
- ASMT-10 received from A O
- Loss of interest in PF transfer from EPFO to Trust
- Average Cost Of High Quality Diamonds
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- Gst on travel by air for business purposes
- 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
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
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
