HRA & Housing loan interest

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 May 2011 Dear Sir,

I am having a flat at Bhayandar on which I am paying interest on housing loan. I have also rented a premises at Malad where I pay rent. I occasionally stay at Bhyandar. Please advise whether I can take benefit of both, Interest and HRA exemption in my return? What is the alternate solution if any?

16 May 2011 yes, you can take the benefit of both

16 May 2011 U CAN TAKE BENEFIT OF BOTH ONLY IF U STAY AT THE RENTED HOUSE DUE TO EMPLOYMENT,BUSINESS OR PROFESSIONAL REASONS




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