18 October 2013
If you don’t get HRA but still pay rent? This could be the case with self-employed professionals, businessmen or even the salaried person whose emoluments do not include the HRA component. The Income-Tax Act provides relief to this category of rent-payers, too.
Section 80GG covers the nuts and bolts of this tax deduction. However,the conditions to fulfil are onerous and the deduction is rather small.
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