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deduction under sec 80GG
what are the quantum of deduction U/S 80GG
Replies (4)
least of these three
a) Rent paid - 10% of total income
b) 25% of total income
c) 5000 per month
a) Rent paid - 10% of total income
b) 25% of total income
c) 5000 per month
what will be the meaning of total income
income before deduction or after deduction
it is not total income it is adjusted gross total income. AGTI = GTI - sec 112 - sec 111A - sec 80c to 80u (except 80GG)
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