Deduction under 80GG: individuals paying rent must submit Form 12BA to claim a rent deduction. An individual who pays rent for residential accommodation may claim deduction in respect of rent paid provided the claimant submits a written declaration ... Summary
Deduction under 80GG: individuals paying rent must submit Form 12BA to claim a rent deduction.
An individual who pays rent for residential accommodation may claim deduction in respect of rent paid provided the claimant submits a written declaration in Form 12BA to the assessing officer asserting entitlement; the deduction is contingent on both actual rent payment and timely submission of the prescribed declaration.
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