Sir,
we are paying salary without any breakup. Employee want house rent deduction u/s 80GG. Please explain with an example so i can guide him accordingly & also i can take exect amount of deduction. I come to know that 24000/- is available for deduction, but on internet i read about "ADJUSTED TOTAL INCOME". LET ME KNOW WITH AN EXPAMPLE. I confused with criteria read in two web site, both are different 1 showing 2000 + 50% + 10% of Salary
2 showing 2000 + 25% of Adj. salary + 10% of adj. salary
Hoping of your reply earliest.
CAclubindia
