30 March 2009
You will get HRA benefits and home loan only if you are residing in a rented house in a city other than where you own a house. If you are paying rent for a house situated within the same city, you will not be entitled to HRA beneifits
30 March 2009
Yes you will definatly get these benefits:
- Tax benefit on principal repayment under Section 80C - Tax benefit on interest payment under Section 24 - HRA benefit (if Your house is in one city but you reside in another city).
CAclubindia
