HRA
This query is : Resolved
24 March 2011
If any person is claiming HRA as per income tax act & he is also claming Instalment paid on Housing Loan U/S 80C and interest thereon up to Rs 150000/- u/s 24 on the ground that possestion of house is not yet given. is he intiteled for both exemption and deduction from total income.
Mahendra Patel
Mahendra Patel
24 March 2011
Yes, practically this is approved by IT
Message likes :
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24 March 2011
in case of salaried class employee you can take the HRA benefit and also you can claim the interest paid on housing loan also ...
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