Application of 80GG for part year

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  1. C Lakshminarayanan

    C Lakshminarayanan New Member

    My son was employed only from 21 September 2015 to 31 March 2016 in the F.Y 2015-16 and he was not having any employment from 01 April 2015 to 20 September 2015. He has been staying in a rented accommodation throughout the year, paying Rs.15000/- p/m. as house rent.

    Is he eligible for deduction under 80 GG or not. If eligible, how to ndicate it in the Returns for the unemployment period only?
     
  2. ZED

    ZED Well-Known Member

    He is eligible for claiming the deduction u/s 80GG
    Deduction is restricted to 2000 per month or 25% of total income, whichever is earlier.
    Form No. 10BA is also required to be filed.

    Claim the deduction for that period in which the assessee was occupying the rented premise, irrespective of the employment period.
     
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