Menu
House Rent exemption u/s 80GG
total income of an individual Rs. 3,56,740 (only salary no other income) and House Rent paid Rs. 4,300 pm what is the eligible amount to show in itr1 u/s 80gg
Replies (1)
Hi,
it's 60,000.
For claiming Section 80GG deduction, the taxpayer must also conform to the following conditions:
The taxpayer is not in receipt of any house rent allowance (HRA) from his employer which is exempt under section 10( 13A);
No residential accommodation is owned by the assessee or by his spouse or minor child or, where such assessee is a member of a Hindu undivided family, by such family at the place where he ordinarily resides or performs duties of his office or employment or carries on his business or profession.
No residential accommodation is owned by the assessee at any other place, which is in his occupation for the purposes of his own residence.
it's 60,000.
For claiming Section 80GG deduction, the taxpayer must also conform to the following conditions:
The taxpayer is not in receipt of any house rent allowance (HRA) from his employer which is exempt under section 10( 13A);
No residential accommodation is owned by the assessee or by his spouse or minor child or, where such assessee is a member of a Hindu undivided family, by such family at the place where he ordinarily resides or performs duties of his office or employment or carries on his business or profession.
No residential accommodation is owned by the assessee at any other place, which is in his occupation for the purposes of his own residence.
Recent Topics :
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
Related Topics :
CAclubindia
