1In computing the total income of an assessee, not being an assessee having any income falling within clause (13A) of section 10, there shall be deducted any expenditure incurred by him in excess of ten per cent of his total income towards payment of rent (by whatever name called) in respect of any furnished or unfurnished accommodation occupied by him for the purposes of his own residence, to the extent to which such excess expenditure does not exceed 2 five thousand rupees per month or twenty-five per cent of his total income for the year, whichever is less, and subject to such other conditions or limitations as may be prescribed, having regard to the area or place in which such accommodation is situated and other relevant considerations:
Provided that nothing in this section shall apply to an assessee in any case where any residential accommodation is
(i) owned by the assessee or by his spouse or minor child or, where such assessee is a member of a Hindu undivided family, by such family at the place where he ordinarily resides or performs duties of his office or employment or carries on his business or profession; or
(ii) owned by the assessee at any other place, being accommodation in the occupation of the assessee, the value of which is to be determined 3 under clause (a) of sub-section (2) or, as the case may be, clause (a) of sub-section (4) of section 23.
Explanation. In this section, the expressions ten per cent of his total
income and twenty-five per cent of his total income shall mean ten per cent or
twenty-five per cent, as the case may be, of the assessees total income before
allowing deduction for any expenditure under this section.
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1. Ins. by Act 21 of 1998, s. 30 (w.e.f. 1-4-1998).
2. Subs. by Act 28 of 2016, s. 39, for two thousand rupees w.e.f. 1-4-2017).
3. Subs. by Act 14 of 2001, s. 40, for under sub-clause (i) of clause (a) or, as
the case may be, clause (b) of sub-section (2) of section 23 (w.e.f. 1-4-2002).
Section 80DDB Deduction in respect of medical treatment, etc
Section 80E Deduction in respect of interest on loan taken for higher education
Section 80EE Deduction in respect of interest on loan taken for residential house property
Section 80G Deduction in respect of donations to certain funds, charitable institutions, etc
Section 80GG Deductions in respect of rents paid
Section 80GGA Deduction in respect of certain donations for scientific research or rural development
Section 80GGB Deduction in respect of contributions given by companies to political parties
Section 80GGC Deduction in respect of contributions given by any person to political parties