HOUSE RENT REIMBURSMENT FROM SALEARY
This query is : Resolved
26 February 2009
SIR,
MY FRIEND WORKING IN LIMITED CO. WITH 5L PKG. HE GOT BASIC 16460\- & HRA RS.8230\-
HIS WORKING BASE STATION AT AHMEDABAD & PAYING RENT OF RS.8000\- P.M. BUT HIS FAMILY AT BARODA WITH OWN HOUSE. HE HAS TAKEN HDFC HOUSING LOAN 2007-2008.
MY QUERY IS:
HE CAN GET BENIFIT OF LOAN INTREST & HOUSE RENT BENIFIT (AHMEDABAD) FROM INCOME TAX OR NOT.
MY FRIEND WORKING IN LIMITED CO. WITH 5L PKG. HE GOT BASIC 16460\- & HRA RS.8230\-
HIS WORKING BASE STATION AT AHMEDABAD & PAYING RENT OF RS.8000\- P.M. BUT HIS FAMILY AT BARODA WITH OWN HOUSE. HE HAS TAKEN HDFC HOUSING LOAN 2007-2008.
MY QUERY IS:
HE CAN GET BENIFIT OF LOAN INTREST & HOUSE RENT BENIFIT (AHMEDABAD) FROM INCOME TAX OR NOT.
26 February 2009
Yes. For detailed discussion on subject, check the following link:
http://www.apnaloan.com/home-loan-india/taxdeductionbenefitsforhlhra.html
http://www.apnaloan.com/home-loan-india/taxdeductionbenefitsforhlhra.html
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