Deduction in respect of rent paid (Section 80 GG)

According to Income Tax Act 1961 section 80 deal with deduction in respect ion of rent paid where any person as a individual pay any rent for his residential accommodation whether furnished or unfurnished. The individual is either a self employed person or if he is an employee he is not entitled house rent allowance or a rent free accommodation.

Such individual should fulfil such other condition or limitation as mentioned as the individual his or her spose or minor child or a HUF o which he/ she is a member does not own any residential accommdation at the place where an assessee ordinarily resides

Adjusted total income for this purpose means the

gross Total Income as reduced

1. Any income referred to in section 115A to 115D

2. Long term capital gains if any

3 All deduction permissible under section 80 C to 80 U except deduction under section 80GG