House Rent and Exemption in IT Return

This query is : Resolved 

06 April 2011 Hi,
I am leaving at Mumbai on Rent and wroking salary Person. i have taken house at Delhi on loan.
my query is that should i calim House loan amt and Intrest amt as well as HRA Exemption in my Income Tax Return or not.

Thanks

07 April 2011 pls. see sec. 23(2)(b) of incoem tax according to this section income from one self occupied house property will be calculated if
tax payer owns house property, which is actually not accupied by him due to the employement of tax payer at any other place & he is residing in any other building not owned by him & such property is not let out during the year by him and any other benefit is not actually drived by his from such property in that condition he is able to claim housing hoan and intt, amount as well as hra



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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries