Hra & home loan benefit of house which is under construction

This query is : Resolved

Jaya (Querist)
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11 January 2013 Dear All,

Kindly advise me on the below.

I have one flat in Kalyan which is under construction and i have taken Home loan for that.

Can i claim tax benefits for the same.

and at the same time I am paying rent on the current flat.

Can i claim HRA & tax benefit both??

@VaibhavJ

@VaibhavJ (Expert)
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11 January 2013 Hi

For under construction property no benefit is available till construction is complete.

However you can claim HRA on the same.

For more clarity please read article.

https://www.caclubindia.com/forum/hra-house-rrent-allowance-interest-on-housing-loan-faq-234214.asp

Thanks!!