Relation between hra & housing loan intt repayment

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 August 2011 Dear All, If the assesse in a job in Banglore, and he purchased a flat in Ghaziabad through housing loan and receiving rental income 24000 per Annam from the flat, per Annam he paying approx 2 lakh intt on repayment of loan
please tell me in above said condition the assessee will avail the benefit of max limit of intt or full amount of intt or he will not avail the benefit of intt amount
pl tell me relevant section and any circular or notification regarding this

25 August 2011 you can avail full interest as deduction u/s.24(b) as your house in Ghaziabad is let out house

You can claim HRA for your Bangalore staying house

25 August 2011 agree with expert view.


26 August 2011 I agree with the expert



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