07 February 2008
Can both Husband & Wife claim 80GG if the house Rent paid by them is 4000, both have business income and are staying IN SAME RENTED HOUSE
07 February 2008
If you can substantiate that the husband and wife are paying rent separately for different premises occupied by them, then subject to the other conditions of section 80GG they can claim the allowable deductions in respect of rent in their individual returns.
07 February 2008
LEAST OF THE THREE AMOUNTS STATED IN SEC 80GG IS ALLOWED AS DEDUCTION IF THE CONDITIONS STATED THERE IN ARE SATISFIED. THERE IS NO BAR THAT A HUSBAND AND WIFE BOTH CANNOT CLAIM 80GG DEDUCTION AS THESE DAYS IT IS COMMON THAT BOTH ARE EMPLOYED IN SEPARATE PLACES ON DEMANDS OF DUTY. R.V.RAO