can i claim deduction u/s 80GG

Tax queries 1989 views 1 replies
 I am( unmarried) living in Noida on rent seperate from my other family members, who lives in Delhi. While i am giving my delhi address in my ITR can i claim deduction u/s 80GG
Replies (1)
Hi Rahul Acccording to Sec. 80GG – The employee takes on rent, a house in the place of his work. Under this section deduction is available to the employee for the rent paid by him subject to satisfaction of other conditions specified therein. Deduction to the least of the following is available to the assessee: Excess of rent paid over 10% of total income 25% of total income Rs.2000 per month. Total income for this purpose means Gross total Income (excluding Long term Capital gains) as reduced by deductions under sections 80CCC to 80U except section 80GG. There fore you can take a deduction u/s 80GG of Income tax Act,1961 But still i recomend you that take a proper advice from C.A in practice Have a nice time Thanks & Regards Amit Daga


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