"Deduction For House Rent U/S 80GG"


The specific deduction for house rent under Section 8OGG is available @ 25% of the salary subject to maximum of 2,000 per month, subject to the requirement of filing a Form No. 1OBA with the employer.

The main condition for this purpose now is that the assessee should file a declaration in Form No.10BA to the effect certifying that he has paid the rent to the landlord and that no residential accommodation is owned by him or his spouse or minor children or family where he/they ordinarily resides/reside or performs/perform duties of business or employment or carries/carry on business or profession, or is owned by him or by his HUF at any other place, being accommodation in his occupation, the value of which is determined for self-occupied house property under Section 23(2)(a)(i) or 23(2)(b).
Special Compensatory Allowances Exempted From Tax Upto some Limit
Conveyance And Transport Allowances Are fully Exempted From Tax
Allowances for A Helper,Uniform, Academic Research are Tax-Exempt
Free Medical Facilities Not A Perquisite in Certain Circumstances
Exemption Of LTA Or LTC (Leave Travel Assistance Or Concession)
Excess Contribution By Employer To a Employees RPF A/c is Taxable
No Benefit For Free Gas, Free Watchman And Gardener From Employer
Sweeper,Gardener,Watchman,Personal Attendant Benefit To Employee
Gas And Electric Energy Or Water Benefit To The Employee
Free Or Concessional Education Facilities Benefit To The Employee
Tax Planning For Rent-Free Residential Accommodation
Personal Or Private Journey Free Of Cost Benefit To The Employee
Interest-Free Loan Benefit To The Employee
Holiday Travelling, Touring, Etc. Benefit To The Employee
Other Fringe Benefits To The Employee by Employer
Employer Can Pay Tax On Perquisites On Behalf Of The Employees
Employees Stock Options by Employer
Exemption Of House Rent Allowance Through Proper Tax Planning
How An Employee Can Get Tax-Free Car For Personal Use
Perquisite Valuation Of Car For Office And Personal Use
Deduction For House Rent U/S 80GG
How Company Directors Can Save Money By Proper Tax Planning
Travelling And Daily Allowances fully Exempted From Income Tax
Children’s Educational And Hostel Allowances Exempt From Tax ..
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