U/s 80gg/for claiming exemption from hra
This query is : Resolved
18 December 2012
Sir,
For claiming exemption in respect of rent paid Is it compulsory that assesse has to live in that rented house. can he claim that exemption if he lives at the place of his employment on weekdays and rejoin with family at rented house only on weekends.
For claiming exemption in respect of rent paid Is it compulsory that assesse has to live in that rented house. can he claim that exemption if he lives at the place of his employment on weekdays and rejoin with family at rented house only on weekends.
18 December 2012
You can claim u/s 80gg in following conditions-
1) You are not taking HRA from your employer.
2) You are living in rented house.
3) Subject to limit 2000/- pm.
But in your condition your faimily are residing there.
For better understanding you can click on following link...
https://www.caclubindia.com/articles/most-ignored-section-80gg-deductions-in-respect-of-rents-9611.asp
1) You are not taking HRA from your employer.
2) You are living in rented house.
3) Subject to limit 2000/- pm.
But in your condition your faimily are residing there.
For better understanding you can click on following link...
https://www.caclubindia.com/articles/most-ignored-section-80gg-deductions-in-respect-of-rents-9611.asp
18 December 2012
Of course, you need to be paying rent, and for your own accommodation.
Thus, if you are paying rent for a house where your parents live, you can not claim deduction u/s 80GG. Similarly, if you are staying in a house but your spouse is paying the rent, you can not claim any deduction.
You can claim deduction for either furnished or unfurnished accommodation.
Thus, if you are paying rent for a house where your parents live, you can not claim deduction u/s 80GG. Similarly, if you are staying in a house but your spouse is paying the rent, you can not claim any deduction.
You can claim deduction for either furnished or unfurnished accommodation.
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