house rent allowance

This query is : Resolved

shubha (Querist)
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14 July 2008 hi,
Can a person claim hra exemption and at the same time claim loss from house property (in the form of interest)?

CA RAMESH KUMAR AHUJA

CA RAMESH KUMAR AHUJA (Expert)
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14 July 2008 Yes, only in the cicumstances that he is living in a tenanted propery at a station different from the place where his house is situated and he is forced stay at that station because of his employment.

K V Subba Rao

K V Subba Rao (Expert)
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14 July 2008 Sri Ahuja's answer is correct. For exhaustive discussion, you may like to visit

http://www.apnaloan.com/taxtips/home-loan-india/taxdeductionbenefitsforhlhra.html

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