Menu
Pensione salary can claim house rent ?
Pensione salary can claim house rent ?
Replies (2)
Quick Summary
Yes, u/s. 80GG, provided you do not have HP in the same city/town.
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.
Recent Topics :
- IPO application checklist: 18 rules that decide wh
- NSE IPO Price, GMP, Allotment Date and Listing
- Gst tax rate
- Cash deposited by customer
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
Related Topics :
CAclubindia
