Pl. carify the matter relating to House property income/ loss while computation of salary in the corporate.
As an employee geting salary 10 lcs PA, and also getting the HRA around 12000 pm. should i get the benifit of House propery which is taken on loan which turn to loss of House property.
Details are:
Salary 10 lcs + Per annaum HRA 12000 pm.
Purchase of flat in G. Noida ( remote area)
which has been let for RS 4000 pM rent & staying in delhi in rented house
C.year Intrest 1.42 lacs + 95000 pre cont pd. intrest ( year wise)
Now pl let me know":
1. Should my loss from H.Prp will be adjusted rom Salary Income.
2. Should i eligible for HRA along with the Benefit of House prop.
CAclubindia
