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Deduction of house loan

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 March 2013 Respected Sir,

I am employee at Pvt company. I have take a home loan form bank, where i got a certificate for Principal & interest amount

At present i am living at rented house.

so can i take following deductions:

1) House rent allowance under salary (Even i have home & home loan)

2) Interest upto 1,50,000 ( if we are living at rented house & taking HRA benefits under salary Head)

3) Principal amount under 80C(If we are living at rented house & taking HRA Benefits under salary head)

19 August 2013 A person cannot claim both the HRA & Housing interest benefit same time



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