Ad Free CAclubindia and Daily Updates on your Mobile. Subscribe Now!

Am i eligible for 80gg deduction ?

josh (IT) (256 Points)

27 August 2018

I live in a rented apartment in mumbai. My only income is interest from bank deposits ( and I have no job/profession). Can I claim deduction under 80GG ? Am I eligible for it ? Please reply

Thanks

Josh

Reply
Follow
Share

2 Replies

Poonam Lohiya (158 Points)
Replied 27 August 2018

yes, you can claim deduction under section 80gg.

Upgrade to CAclubindia Pro. Subscribe Now!

josh (IT) (256 Points)
Replied 29 August 2018

Thanks Poonam for your prompt response. So if I understand correctly income from job/profession/self employment is not a requirement to claim deduction under 80GG, Am I right ??

I have not claimed 80GG deductions for FY2014-15,FY2015-16,FY2016-17 which I had filed in the past. Can I claim the deduction now ??? Can I file a revised return and under which section ???

Thanks