80GG deduction
Rajat jain (student) (215 Points)
19 April 2020Rajat jain (student) (215 Points)
19 April 2020
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 19 April 2020
Are you getting House rent allowance ?.
Smart Accounting Solutions
(4 Points)
Replied 19 April 2020
As per Rule 11B of Income Tax Rules : The deduction to be allowed under section 80GG in respect of any expenditure incurred by an assessee towards payment of rent for any furnished or un-furnished accommodation occupied by him for the purposes of his own residence shall be allowed subject to the condition that the assessee files the declaration in Form No. 10BA.]
Jeevan Vivekji
(212 Points)
Replied 19 April 2020