Accounts Manager
2070 Points
Joined March 2024
As per already sir mentioned, you can claim a deduction under Section 80GG of the Income Tax Act. This deduction is available for individuals who pay house rent but do not receive House Rent Allowance (HRA) from their employer & available in old regime only. Deduction claim the least of the following amounts:
60,000 annually (5,000 per month)
The total rent paid minus 10% of your total income
25% of your annual salary.