Easy Office
LCI Learning

Deduction

This query is : Resolved 

13 February 2008 can a salaried person avail deduction from income tax if he is not receiving house rent allowance from employer. if yes then under which section and what document he should be produce.

13 February 2008 If he is paying Rent, then he can avail deduction u/s 80GG

13 February 2008 if you are paying rent then you will avail deduction u/s 80GG. but some condition are given below
The assessee, his spouse, or minor child or the HUF in which he is a member should not own any residental accomodation at taht place
no claim for self occupied property should be made in respect of any accomodation
Assessee must file declaration in Form 10BA wherein he confirms the details of rent paid and fulfillment of the other condition(Rule 11B)


13 February 2008 yes , he can claim deduction under section 80GG (maximum Rs 24000/ pa)

to claim this declaration in form 10BA is to submitted



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query