We are 4 frnds leaving in flat rented 30000 per month.
House owner give us his pan number to us for furnishings ITR.
my question is, can we all claim deduction for rent paid while filing ITR.
1 Replies
Amir Tufail
(accountant)
(30 Points)
Replied 15 January 2018
As per sec 80GG....you claim 5000 rupees as per month or 25 percent of total gross income, whichever is less.
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