rental expenses
poojaraj (ca) (98 Points)
31 July 2018
can we allowe the rental expenses in business income & also claim in 80GG deduction as 50-50
2 Replies
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 31 July 2018
| Originally posted by : poojaraj | ||
 |
can we allowe the rental expenses in business income & also claim in 80GG deduction as 50-50 |  |
80GG benefit is allowed to individual only subject to he is not doing business from same premises or owns any house property in same city of his residence or business by his or any family members name.
And yes he may claim rental expense in business.
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