Deduction under section 80GG of the Income-tax Act, 1961

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....;      Subject:  Deduction under section 80GG of the Income-tax Act, 1961. Section 80GG of the Income-tax Act, 1961, provides for grant of a deduction in respect of any expenditure incurred by an assessee in excess of 10% of his total income towards payment of rent (by whatever name called), to the extent to which such excess expenditure does not exceed Rs. 300 p.m....

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....'s total income before allowing deduction for any expenditure under section 80GG itself. 4. The Board has been receiving a large number of references on the true meaning of the Explanation. In order to arrive at the base of the total income with reference to which the amount of admissible deduction is to be calculated, it is clarified that the total income would be the total income of the asses....