A Sr.citizen(62), income from pension & bank/post office interest Rs. 7,71,116 and relief in 80C, 80TTA 1,50,000 & 10,000. He pays 69,000 as house rent. How much amount he can claim in 80GG ?
6 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178001 Points)
Replied 21 June 2017
Assessee without income from salary or PGBP, is not eligible for section 80GG deduction.
Babua Banerjee
(Accountant Junior Tax Practitioner)
(123 Points)
Replied 21 June 2017
Thank u Mr. Rambhia
Babua Banerjee
(Accountant Junior Tax Practitioner)
(123 Points)
Replied 21 June 2017
But sir I am confused, pl. Chk. This linj about 80GG. https://www.simpletaxindia.net/2009/01/hra-exemption-to-pensioners-meaning-of.H T M L?m=1
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178001 Points)
Replied 21 June 2017
Dear sir, there are bound to be difference of interpretations, and in my personal capacity I do take such risks, but cannot authetically say on this open platform, that it is surely available.
Babua Banerjee
(Accountant Junior Tax Practitioner)
(123 Points)
Replied 21 June 2017
Got it, once again my thanks to you.
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