I want to take deductions of House Rent Allowance under section 80GG, but I have an issue. Kindly tell me what I should do?
I make a monthly cash payment of Rs 8,400 as rent to my landlord. But I don't have any proof of this payment. I mean no rent receipts, no rent agreement not even a signed parchment from my landlord. My landlord is 75 years old, ignorant and illiterate. He wont sign any receipt even if I draft it for him, he doesn't file his ITR and has absolutely no knowledge of tax payments.
So now if I claim this deduction under 80GG with Form 10BA and in rear case stuck in scrutiny there will be any solution for this? I'm filling ITR first time so maybe there wont be a chance for scrutiny but still never know.
Jan. 05, 2018