80 GG provides you deduction on rent paid by you, if you are not getting HRA

80 GG provides you deduction on rent paid by you, if you are not getting HRA

Section 80GG- Deduction of house rent in case you do not own a house property and you do not get HRA as well

If you or your spouse or children do not own a house in India or abroad and you do not receive HRA (House Rent Allowance) as a part of your salary, you can still claim deduction for the house rent which you are paying.

Amount of deduction would be the minimum of the following:

  1. 25 % of the total income earned by you
  2. Rent paid minus 10 % of total income
  3. Rs 5000 per month

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