RENTAL DEDUCTION

245 views
User Avatar

32 Points Posted on 27 July 2020
I m in receipt of HRA
if I show the HRA received as taxable income and claim the rent paid under section 80GG would it be correct
0 Reply Share Follow
On 27 July 2020 at 14:21 Report
Replies (2)
Quick Summary
This discussion clarifies the rules around claiming rent deductions for UK taxpayers. If you receive House Rent Allowance (HRA) as part of your salary, you generally cannot claim a separate deduction under Section 80GG. The HRA itself is intended to cover rent expenses, and claiming both would be incorrect. You can only claim under Section 80GG if your salary does not include any HRA component. In either eligible scenario, the maximum monthly deduction is capped at £5,000.

User Avatar

Tax and Business Consultant
11616 Points Posted on 27 July 2020
If you are receiving HRA, than you are not eligible to claim deduction under section 80GG.

As mentioned by you to tax HRA and claim Deduction u/s 80GG, it's not allowed/correct.
Reply
On 27 July 2020 at 15:24
User Avatar

Student CA Final
90 Points Posted on 27 July 2020

No you can't.,If your salary slips show HRA separately,then you can't show it as taxable income ascas there is a deduction available to adjust rent paid us/10(13A). Only when there's no HRA in your salary,then only you can claim under 80GG. In both cases the max deduction you get is 5000rs p.m

1 Reply
On 27 July 2020 at 15:27

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Eway and e invoicing in condition where 4 party ar
  2. Bank balance in ITR-3
  3. INCLUDING PROFITS FROM REIT / INVIT IN SHARE TRADI
  4. Tempsens Instruments IPO GMP Allotment Listing dat
  5. Upload Type - Correction. Not showing in TDS filli
  6. Partnership tax audit query
  7. ERROR SHOWING PARTNER REMUNERATION ITR 3 TIME OF V
  8. Form 146 foreign remittance us citizen
  9. GST 16(2) notice
  10. Which GSTR-1 upload error do you hit most often?

More recent discussions | Post

Related Topics :

Loading