Learn how Section 80GG helps claim rent deduction without HRA, including Form 10BA, eligibility, limits and income tax return filing tips.
Paying rent every month can be a significant expense, especially for salaried employees who do not receive House Rent Allowance (HRA) and for self-employed professionals. The good news is that the Income Tax Act provides a specific deduction for eligible taxpayers who pay rent but cannot claim HRA exemption. This...
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