https://www.taxtmi.com/acts?id=11735 An individual not receiving house rent allowance may claim a deduction for rent paid on his residential accommodation-furnished or unfurnished-where the deductible portion exceeds a specified percentage of his gross total income from ordinary sources; the deduction is subject to a monthly cap and area-based prescribed conditions. The deduction is not available if the individual or his spouse or minor child owns residential accommodation at the place where he ordinarily resides, works, or carries on business. en-us Thu, 16 Sep 2010 18:58:47 +0530 Fri, 17 Sep 2010 13:39:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11735 An individual not receiving house rent allowance may claim a deduction for rent paid on his residential accommodation-furnished or unfurnished-where the deductible portion exceeds a specified percentage of his gross total income from ordinary sources; the deduction is subject to a monthly cap and area-based prescribed conditions. The deduction is not available if the individual or his spouse or minor child owns residential accommodation at the place where he ordinarily resides, works, or carries on business. Act-Rules Bills Thu, 16 Sep 2010 18:58:47 +0530 https://www.taxtmi.com/acts?id=11735