banner_ad

Tax on house property

This query is : Resolved 

04 January 2013 Hi,

My query relates to HP income

Suppose A is residing in the house owned by him and his mother can he claim the exemption of HRA If yes pls guide in reference to formality to be completed to claim HRA?

Second doubt is suppose he wants to buy one house in the name of him and his wife whether he can claim both benefits of HRA & interest on hsg loan

Pls explain in detail

Thanks

04 January 2013 If the assesse is paying the rent then only he can claim the benefits of HRA.

If the assesse has his own house or leaves with his family then he can't claim exemption.

The only exeption is that his place of employement is far from the place of residence.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details