Rent deduction compliance requires filing a declaration in Form No. 31 before claiming the benefit. A deduction under section 134 in respect of rent paid may be claimed only if the assessee files a declaration in Form No. 31. The rule prescribes the ... Summary
Rent deduction compliance requires filing a declaration in Form No. 31 before claiming the benefit.
A deduction under section 134 in respect of rent paid may be claimed only if the assessee files a declaration in Form No. 31. The rule prescribes the procedural condition for availing the rent-payment deduction and makes filing of the specified declaration the required compliance step for the claim.
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