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Can hra allowed if assesse has two house properties

This query is : Resolved 

10 February 2015 HI,

MR X IS CURRENTLY WORKING IN BANGALORE, HE HAS ONE HOUSE PROPERTY IN ANDHRA PRADESH AND THE SAME HAS BEEN SHOWN AS LET OUT PROPERTY.CURRENT YEAR HE IS PLANNING TO BUY ONE MORE HOUSE IN BANGALORE.
IF MR X GIVES HIS NEW PROPERTY(OWNED IN BANGALORE) ALSO FOR RENT AND HE WANTS TO STAY IN RENTED HOUSE, WHETHER HE CAN CLAIM HRA AND INCOME/LOSS FROM TWO HOUSE PROPERTIES.

10 February 2015 YES YOU CAN CLAIM HRA ON ACTUAL RENT PAID

10 February 2015 GREAT THANKS FOR YOUR RESPONSE...CAN YOU PLEASE SHARE CASE. STUDY OR SECTION IF ANY WHERE IT SAYS EXACTLY ABOUT THIS.
MANY THANKS IN ADVANCE




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