Hra & interest on house property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 April 2013
An Assesse has a house in Hyderabad(First house) and pays interest on loan and he stays in Mumbai on rent. However assesse is planing to but a house in Mumbai(Second House) and willing to let out the same property on rent and continue to reside in the rented premises. So whether the assesse can claim the benfit of
1)HRA.
2)Loss on HP(SOP) (First House).
3)Loss on HP(LOP) (second House).
1)HRA.
2)Loss on HP(SOP) (First House).
3)Loss on HP(LOP) (second House).
26 April 2013
The answer of question lies in question itself. If a person claiming Loss on HP (SOP) then how can he be on rented premises.
If he is claiming that it is self occupied, then NO HRA will come in to picture.
If he is claiming that it is self occupied, then NO HRA will come in to picture.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Inventory of finished goods
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Tds on building rent monthly
- Applicability of Ind As to associate of associate
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Disallowance of Section 43B(h) to sez units
- Sale of property furniture sale
- RCM INVOICING FROM NOV-2024
- Confusion around Form 26QB fields
- GST Regis.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
