Who is eligible for deduction u/s 80GG?
All in One TDS on Salary for Govt and Non-Govt Employees for the F.Y.
2019-2020 & A.Y. 20120-2021 With H.R.A. Exemption Calculation U/s
10(13A) + Arrears Relief Calculator U/s 89(1) with Form 10e for
What are the conditions for getting deduction u/s 80GG?
Following condition must be satisfied to claim deduction under section 80GG :
He, his spouse, minor child (including a minor step-child and minor
adopted child) or the HUF of which the taxpayer is a member should not
own any residential accommodation at the place where the taxpayer
resides, perform the duties of his office or employment or carries on
his business or profession.
own any house property other the place noted above, then that property
should be shown as either let out or deemed to be let out. i.e not
E. Online Furnish declaration in form 10BA
What is the limit of 80GG Deduction?
How is the HRA exemption calculated?
- 5000 per month
- 25% of “total income”