HRA

This query is : Resolved

sandeep (Querist)
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24 June 2009 I reside in faridabad on rent. I also own a house at delhi and availed a home loan on this property.

Is it possible to claim HRA as well as intrest deduction u/s 24 under the head house property.

Pl. revert with section and case laws(if any)

CA Tilak Raj Sharma

CA Tilak Raj Sharma (Expert)
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24 June 2009 yes you can claim the both if it is not possible for you to manage your job from your residence.

CA Tilak Raj Sharma

CA Tilak Raj Sharma (Expert)
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24 June 2009 yes you can claim the both if it is not possible for you to manage your job from your residence.

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CA Devanshi Gandhi (Ajani)

CA Devanshi Gandhi (Ajani) (Expert)
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24 June 2009 agree with MR. Sharma

Manmohan ACA, CS

Manmohan ACA, CS (Expert)
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24 June 2009 there is no provision in income tax which exempt a person from claimimg exemption u/s 10(13A) in respect of HRA and deduction u/s 24(b) for interest on loan, provided assesee satisfies conditions laid in both the section respectiovely.