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FORM 10BA Rent deduction

Pooja (Accountant) (70 Points)

16 July 2019

should we file form 10BA when 80GG deduction showing in form 16. as i give rent receipts to employer. so when filing should i need file form 10ba for deduction.

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (180984 Points)
Replied 16 July 2019

In order to claim deduction u/s 80GG following two conditions should be satisfied:

The taxpayer should not be receiving HRA (House Rent Allowance) from an employer AND,
The taxpayer, his spouse, minor child or if the assessee is a member of HUF, then the HUF should not own any self-occupied residential accommodation.

If both the above conditions are satisfied, then the taxpayer can submit a declaration in Form 10BA. Taxpayer should submit Form 10BA before filing relevant ITR.