deduction/exemption of HRA or INTEREST
This query is : Resolved
26 May 2016
Dear experts,
if a person purchased a house property In ahemdabad on loan and he paid the interest of 50000 , and he is working in Delhi and getting HRA of Rs 4000 pm. What he can claim exemption / deduction and why.please give your valuable comments.
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26 May 2016
If he is paying rent than he can claim HRA exemption and Home Loan also on self occupied property.
Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615
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Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615
Note : If you find our reply useful. Please Score us by clicking on "THANK USER"
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27 May 2016
If both place are in different area then you can claim HRA and Interest of Housing Loan as separate deduction.
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