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of <h1>Understanding Section 80GG: Tax Deduction on House Rent for Individuals Without HRA, Up to 60,000 Annually.</h1> Section 80GG provides a deduction for individuals on house rent paid for their residence, subject to specific conditions. The individual must not receive House Rent Allowance (HRA) from their employer and must file a declaration in Form No. 10BA. The individual should not own residential property at their place of residence or work. The deduction is the least of rent paid minus 10% of adjusted total income, 5,000 per month, or 25% of adjusted total income. The maximum deduction is 60,000 annually. This applies to both residents and non-residents, whether self-employed or salaried. Rent paid to parents can qualify if structured correctly.
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