80 GG
Harsha Vardhan (17 Points)
27 June 2018
Can a person claiming interest on Housing loan be allowed under 80GG to claim in respect of rent paid if he is not in receipt on any HRA.
2 Replies
Ashiwini Ballodia
(Managing Partner at TAXounting)
(8742 Points)
Replied 27 June 2018
As per me no because how can you say that I own a house and repaying the loan
And at the same you are saying that you stay at a rented house
And at the same you are saying that you stay at a rented house
Rahul Prajapati
(Student)
(2282 Points)
Replied 27 June 2018
In case you own any residential property at any place, for which your Income from house Property is calculated under applicable sections (as a self-occupied property), no deduction under section 80GG is allowed.
As you said you are claiming deduction under sec 24 interest on housing loan, you can not claim deduction under section 80GG
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