22 December 2011
Sir Here I want to ask a question that one of our client is receiving HRA from his employer & he was living in rented house but during the financial year He purchased a property to live in the same city in which he is employee on loan now my question is can he is avilable for excemption of HRA & Intt on Housing loan Simultaneously.
Guest
Guest
(Expert)
22 December 2011
yes he can claim HRA since he is living in rented house.
He can also claim exemption for interest amount u/s 24B and principal amount u/s 80C.
CAclubindia
