10 July 2012
any salary employee having housing loan can claim interest and principal amt. paid for Hsg loan and also Rent paid by him for current rented residence..?
12 July 2012
HBL benefit and HRA benefit may be available at a time in same FY if the follwong conditions are fulfilled:- 1) Employee are in receipt of HRA from the employer 2) Employee resides in a rented house which is in a city other than the city where his own house is situated 3) Employee actually paying rent for the residential accomodation 4) Employee has to resides in a rented house due to performing his duties
CAclubindia
