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RENTAL DEDUCTION

27 July 2020

I m in receipt of HRA
if I show the HRA received as taxable income and claim the rent paid under section 80GG would it be correct

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2 Replies

Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 27 July 2020

If you are receiving HRA, than you are not eligible to claim deduction under section 80GG.

As mentioned by you to tax HRA and claim Deduction u/s 80GG, it's not allowed/correct.

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Venkatramana Shastry C (Student CA Final ) (90 Points)
Replied 27 July 2020

No you can't.,If your salary slips show HRA separately,then you can't show it as taxable income ascas there is a deduction available to adjust rent paid us/10(13A). Only when there's no HRA in your salary,then only you can claim under 80GG. In both cases the max deduction you get is 5000rs p.m

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