Hra and income from rent
This query is : Resolved
26 October 2016
Hi,
If Mr A is Having his own house in a XXX City and he is salaried employee, if due to some reason he took rental accommodation near by his company and his won house he given on the rent (he is getting rent income from his own house).
1) whether Mr A can claim his HRA in his ITR and also He can show the Rent income in his ITR?
2) If Loan is borrowed by A for his own house whether he can claim in the ITR with HRA also?
If Mr A is Having his own house in a XXX City and he is salaried employee, if due to some reason he took rental accommodation near by his company and his won house he given on the rent (he is getting rent income from his own house).
1) whether Mr A can claim his HRA in his ITR and also He can show the Rent income in his ITR?
2) If Loan is borrowed by A for his own house whether he can claim in the ITR with HRA also?
26 October 2016
yes, he can do so. No problem.
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26 October 2016
Yes, A can claim HRA, show rent income and claim Principal & Interest if HPloan in ITR.
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