josh (IT) (256 Points)
25 December 2021Can I claim deductions under 80GG for rent paid ?
Total rent paid for FY2021-22 comes around Rs 70,000 and 10% of adjusted total income comes around Rs 90000
can I claim deductions under 80GG ?
Also can a person without job ( unemployed) can claim deductions under 80GG ?
Please clarify.
Thanks
CA Aakarsh Jain
(CA)
(10230 Points)
Replied 25 December 2021
josh
(IT)
(256 Points)
Replied 25 December 2021
Thanks Aakarsh Jain for your response.
Regarding my second query, how much deduction can I claim under 80GG ?
CA Aakarsh Jain
(CA)
(10230 Points)
Replied 25 December 2021
josh
(IT)
(256 Points)
Replied 25 December 2021
Thanks Aakarsh Jain for your prompt reply. My annual rent amount is 70K , so I can claim deductions of Rs 60K , right ?
SAIISH FINANCE AND TAX CONSULT
(CONSULTANT)
(22 Points)
Replied 25 December 2021
YES YOU MAY CLAIM 60K U/S 80GG , PROVIDED THAT YOU ARE NOT RECEIVING HRA FROM YOUR EMPLOYER (if you are a salaried person)
A PERSON IS UNEMPLOYED - AND HE HAS NO INCOME CAN FILE NIL RETURNS VOLUNTARILY
TO CLAIM DEDUCTION THERE SHOULD BE INCOME FROM WHICH IT WILL BE DEDUCTED , AND IF HE HAS NO INCOME HOW HE IS PAYING RENT ?
josh
(IT)
(256 Points)
Replied 26 December 2021
Hi Saiish,
There is income from interest earned from bank savings/FD. I am paying rent from the interest amount earned.
In my case how much 80GG deductions can I claim ? Thanks
CAclubindia
