HRA ALLOWANCE
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 July 2010
Dear Experts,
I am claiming the deduction of Interest on Housing Loan(S.O.P.) u/s.24(i)
I am not staying at the above SOP. I am staying at near the office which is convenient for travel. I am paying the rent for the same.
SOP is located at Thane Dist. and rental accommodation is at Mumbai.
Whether i can claim HRA allowance, inspite of claiming interest on Housing loan.
Please advice.
I am claiming the deduction of Interest on Housing Loan(S.O.P.) u/s.24(i)
I am not staying at the above SOP. I am staying at near the office which is convenient for travel. I am paying the rent for the same.
SOP is located at Thane Dist. and rental accommodation is at Mumbai.
Whether i can claim HRA allowance, inspite of claiming interest on Housing loan.
Please advice.
12 July 2010
Visit this link https://www.caclubindia.com/articles/hra-housing-loan-interest-deduction-simultaneously-5955.asp
It will clear ur doubts.
It will clear ur doubts.
12 July 2010
yes you can take the both deductions simultaneously
12 July 2010
both deduction will be claimed
12 July 2010
interest on housing loan and HRA both can be claimed as from the reading under section 10(13A) which provides an assessee can claim HRA exemption if he resides on rent near to the employment place .this means the assessee can own residential house in other place.there is no specific section which debars as from claiming both the deduction simultaneously.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
