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HRA

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07 April 2010 I own a house in Mumbai in which my parents are living. I am staying in a rented house in hyderabad. I receive HRA from my employer. Can anyone explain the tax implications.


07 April 2010 You can claim exemption of the HRA received, subject to calculations.

07 April 2010 Agreed, you can claim exemption of HRA as per the provisions.


07 April 2010 AGREE WITH EXPERT

08 April 2010 you can claim HRA as per the calculations and if you are having housing interest also can be claimed as Self occupied for your Mumbai house



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