80GG deduction for professional income

Others 278 views 3 replies
I have 2000000 lacks professional income can we claim 80GG DEDUCTION ( I DON'T OWN ANY HOUSE PROPERTY) AND PAYING RENT 18600/- PER MONTH
Replies (3)
yes you can claim under 80gg
thanks for quick reply
An assessee, who adopts the provisions of presumptive taxation scheme under the Section 44AD of the Income Tax Act, is not required to maintain any books of account. Basically this is applicable to the businesses that are covered under Section 44AA of the IT Act.


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