
Form No 10ba in Word Format


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People also ask form 10ba pdf download
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How to get Form 10BA?
How to file Form 10BA online Visit the Income Tax Department website and log in using your user ID, password, and captcha. Click on 'e-File' section and select 'Income Tax Forms' Search for and select Form 10BA. Select the year for filing and click "Continue", then click "Let's Get Started"
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What is the due date for Form 10BA?
The due date for Form 10BA is identical to that for income tax returns. For example, for the financial year 2023-24, the due date to file Form 10BA is 31 July 2024. If you are required to audit your books of account, the due date for filing this form will be 30 September 2024.
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What is 80GG deduction?
Section 80GG is a special provision under Chapter VI-A of the Income Tax Act, 1961, which provides tax reprieve to those who do not avail house rent allowance. To become eligible for tax deduction under this section, an individual must be residing in a rented property.
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What is the maximum deduction for 80GG?
The maximum deduction allowed under Section 80GG is Rs 60,000 per annum which means Rs 5000 per month. You cannot avail of the benefit of this section if house property is of your wife or minor child. To claim the benefit under this section needs to fill form 10 BA. Who can claim deduction under Section 80GG?
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Is Form 10BA mandatory?
Filing Form 10BA is mandatory to claim rent deductions under section 80GG. It helps reduce taxable income and liability, providing compliance records, and serving as proof for audits or other checks. Due date aligns with tax return submission. Applicable for individuals not receiving HRA, offering deduction limits.
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