Please tell me if the assessee can:
Take exemption for HRA u/s 10(13A) and also
claim deduction u/s 80GG for the Rent Paid.
Thanks
Alex Sharma (CA & ICWA Final student; CS & CFA completed) (194 Points)
14 April 2010
Please tell me if the assessee can:
Take exemption for HRA u/s 10(13A) and also
claim deduction u/s 80GG for the Rent Paid.
Thanks
praveen
(Chartered Accountant)
(6971 Points)
Replied 14 April 2010
No it is not possible. A person can either claim HRA or 80GG deduction. Generally if a person is get RFA then he cant claime HRA or 80GG deduction. If he recieves HRA then he cant claim 80GG deduction . If he neither getting HRA or RFA then he can claim 80GG deduction
Arka Bose
(None)
(313 Points)
Replied 14 April 2010
No its cant happen but is the person is taking an accommodation at a concessional rate,then he is entitled to get 80GG
Dhanya Sreedhar
(CA final, doing Job)
(661 Points)
Replied 15 April 2010
No it s not possible...An Assessee s eligible for any one of the benefit..