Section 80GG - Deductions in respect of rents paid

Section 80GG: Rent deduction for non-HRA taxpayers - rent above 10% of total income, capped at Rs.5,000/month or 25%

Where an assessee does not receive house rent allowance under the specified provision, Section 80GG allows a deduction for rent payments equal to the amount by which rent exceeds ten percent of total income, limited to Rs.5,000 per month or 25% of total income for the year, whichever is less. The deduction is unavailable if the residential accommodation is owned by the assessee, the spouse, a minor child or by the HUF where the assessee is a member, or if the assessee owns the accommodation elsewhere whose value is determined under the stated valuation clauses. Percentages are computed on total income before this deduction and subject to prescribed area-based conditions.