Hra

This query is : Resolved

Snehal Parikh (Querist)
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21 December 2013 If the employee is residing in Ahmedabad ( at site) in construction company and his family resing in Mumbai. The Employee is also taken loan for his house at Calcutta.The employee pays rent in mumbai for family members residing in house. The Company has given employee HRA as part of CTC. Is this employee entitled HRA exempt under section 10(13A)and interest on house loan under section 24 (b) of Income Tax Act,1961

@VaibhavJ

@VaibhavJ (Expert)
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21 December 2013 Hi

Since rent is not paid by an employee, he can not claim deductions.

If he is paying Rent him self then he can claim HRA.

Since employee is owning only one house property then it is owned Property which is not occupied him due to his employment in given case & he can claim deductions under 224(b).

Thanks//VaibhavJ

@VaibhavJ

@VaibhavJ (Expert)
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21 December 2013 Pl refer: https://www.caclubindia.com/forum/hra-house-rrent-allowance-interest-on-housing-loan-faq-234214.asp

for more clarity.

Thanks//VaibhavJ

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Snehal Parikh

Snehal Parikh (Querist)
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21 December 2013 If employee pays rent at Mumbai in above case, can he entitled HRA exemption or not

@VaibhavJ

@VaibhavJ (Expert)
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21 December 2013 Hi Snehal,

Yes if he himself pays Rent he is eligible for claiming HRA. Pl refer FAQ given above.

Thanks//VaibhavJ

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