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80GG eligibility

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R.yatheswar

student

38 Points Posted on 27 July 2021

sir,
I am working in a place away from my home town! and paying rent
2. I recently built house in my hometown which is occupied by my parents.( since i am married, I came to my husband's house)
3.Now i am claiming interest repayment u/s 24
4 . 80 GG provisio says that, if the assessee has self occupied property in anyother place also ,cannot claim 80 GG.
I need clarification on whether I can claim rent under 80GG?

Replies (3)

Quick Summary

This discussion explores eligibility for the 80GG deduction on rent paid. The user is seeking clarification on whether they can claim this deduction despite owning a house in their hometown where their parents reside. The core issue revolves around the proviso to Section 80GG, which states that an assessee cannot claim the deduction if they own a self-occupied property elsewhere. The discussion aims to clarify if owning a property occupied by parents disqualifies the user from claiming rent paid for their current accommodation.

CA. Sourav Sarkar

Chartered Accountant

24588 Points Posted on 27 July 2021

I think 80GG might be claimed as you're not staying in the built in house qs your parents are staying there

R.yatheswar

student

38 Points Posted on 27 July 2021

But as per second proviso to Sec80GG it says that you should not claim if you have self occupied property!

Hari Beldona

ACA

1533 Points Posted on 28 July 2021

Conditions to fulfill for claiming deduction under section 80GG

You are self-employed or salaried.

You have not received HRA at any time during the year for which you are claiming 80GG HRA component should not form part of your salary to claim 80GG.