80GG deduction

Share This Thread
  1. Md Arshad

    Md Arshad New Member

    As per the new guideline I can claim a maximum of Rs.60000 (Rs.5000 per month) as rent deduction. But when I am filing the same in ITR-4 it is automatically taking only Rs.24000. Can you please explain whether deduction has been raised or not for FY 2015-2016??
  2. ZED

    ZED Well-Known Member

    The limit has been raised w.e.f. F.Y 2016-17. That is the reason the utility is computing it on 2,ooo per month basis.
Draft saved Draft deleted
Similar Threads Forum Date
Section 80GG Deduction if already owning a House? Income Tax Jul 26, 2016
Deduction u/s 80GG for A.Y. 2016-17 Income Tax Jul 22, 2016
Where to disclose Deduction under Sec 80GGC in ITR 1? Income Tax Jul 20, 2016
Deduction U/s 80GG Income Tax Jul 13, 2016
Deduction u/s 80GG if Rent paid is reimbursed by Employer Income Tax Apr 3, 2016