https://www.taxtmi.com/acts?id=50145 Deduction for rent paid permits an assessee (excluding those with specified exempt employment income) to deduct rental expenditure in excess of a threshold of total income, subject to a lower monthly or proportionate cap and to prescribed conditions relating to area and other relevant considerations, and excludes cases where the residence is owned by the assessee, spouse, minor child, or, where applicable, the Hindu undivided family. en-us Tue, 04 Mar 2025 18:20:13 +0530 Tue, 04 Mar 2025 18:20:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50145 Deduction for rent paid permits an assessee (excluding those with specified exempt employment income) to deduct rental expenditure in excess of a threshold of total income, subject to a lower monthly or proportionate cap and to prescribed conditions relating to area and other relevant considerations, and excludes cases where the residence is owned by the assessee, spouse, minor child, or, where applicable, the Hindu undivided family. Act-Rules F. Acts / Amendment Acts Tue, 04 Mar 2025 18:20:13 +0530 https://www.taxtmi.com/acts?id=50145