U/s 80gg/for claiming exemption from hra
This query is : Resolved
18 December 2012
Sir,
For claiming exemption in respect of rent paid Is it compulsory that assesse has to live in that rented house. can he claim that exemption if he lives at the place of his employment on weekdays and rejoin with family at rented house only on weekends.
For claiming exemption in respect of rent paid Is it compulsory that assesse has to live in that rented house. can he claim that exemption if he lives at the place of his employment on weekdays and rejoin with family at rented house only on weekends.
18 December 2012
You can claim u/s 80gg in following conditions-
1) You are not taking HRA from your employer.
2) You are living in rented house.
3) Subject to limit 2000/- pm.
But in your condition your faimily are residing there.
For better understanding you can click on following link...
https://www.caclubindia.com/articles/most-ignored-section-80gg-deductions-in-respect-of-rents-9611.asp
1) You are not taking HRA from your employer.
2) You are living in rented house.
3) Subject to limit 2000/- pm.
But in your condition your faimily are residing there.
For better understanding you can click on following link...
https://www.caclubindia.com/articles/most-ignored-section-80gg-deductions-in-respect-of-rents-9611.asp
18 December 2012
Of course, you need to be paying rent, and for your own accommodation.
Thus, if you are paying rent for a house where your parents live, you can not claim deduction u/s 80GG. Similarly, if you are staying in a house but your spouse is paying the rent, you can not claim any deduction.
You can claim deduction for either furnished or unfurnished accommodation.
Thus, if you are paying rent for a house where your parents live, you can not claim deduction u/s 80GG. Similarly, if you are staying in a house but your spouse is paying the rent, you can not claim any deduction.
You can claim deduction for either furnished or unfurnished accommodation.
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
- Reporting Income under Section 44ADA
- Itr 1 processing
- ITR 2 Short Term gain & Long term gain
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- ITR 1: Details for showing Exempt Income
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- ITR validation error - Balance sheet is not filled
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
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
