Income tax

Tax queries 441 views 1 replies

 MY ONE OF THE QUERY IS WHEN AN EMPLOYEE GETS A BENEFIT U/S 17(2) OF INCOME TAX ACT i.e PERQUISITE IN RESPECT TO RENT CAN HE CLAIM EXEPTIONS U/S 80GG OF THE ABOVE STATUTE. FOR EG- CONSIDER A PERSONS TOTAL INCOME IS 250000 RENT FREE ACCOMODATION 60000 RENT RECOVERED FROM EMPLOYEE 30000 (all are per annum) CAN NOW THE  EMPLOYEE GET EXEMPTION FOR 30000  U/S 80GG .

Replies (1)

no you cannot


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