Tax Exemptions/Deductions for House Rent Allowance (HRA) and Section 80GG
In
case you are in receipt of House Rent Allowance (HRA) from your
employer, you may avail exemption from the same while filing your ITR.
In case you are not in receipt of HRA and you are paying rent, then you
may claim tax deduction under section 80GG of IT Act, 1961 subject to
certain deductions.