https://www.taxtmi.com/acts?id=4299 Section 80GG allows a deduction for rent paid by an assessee not receiving house rent allowance equal to the excess of rent over ten per cent of total income, limited by a monthly monetary cap or by a prescribed proportion of total income, subject to conditions relating to area and other considerations; the deduction is inapplicable where the accommodation is owned by the assessee, spouse, minor child, or applicable Hindu undivided family at the place of ordinary residence or employment, or where accommodation owned elsewhere is valued under statutory valuation provisions. The percentage thresholds are calculated on total income before this deduction. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 28 Aug 2025 12:37:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4299 Section 80GG allows a deduction for rent paid by an assessee not receiving house rent allowance equal to the excess of rent over ten per cent of total income, limited by a monthly monetary cap or by a prescribed proportion of total income, subject to conditions relating to area and other considerations; the deduction is inapplicable where the accommodation is owned by the assessee, spouse, minor child, or applicable Hindu undivided family at the place of ordinary residence or employment, or where accommodation owned elsewhere is valued under statutory valuation provisions. The percentage thresholds are calculated on total income before this deduction. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4299