Insertion of new section 80-GG

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..... e, 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 .....

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..... the value of which is to be determined under sub-clause (i) of clause (a) or as the case may be, clause (b) of sub-section (2) 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 assessee's total income before allowing deductio .....

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