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Hra and home loan

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30 July 2011 Dear Sir
if I have Receipts income from Salary (Receipts 292000). And I received HRA Rs. 33600.
I living at Ahmedabad and paid rent and I have a house at Indore there living my family. A have a loan on My indore house and paid Principal Rs 27500 and Interest Rs 50500.
Is HRA is exempted U/S 10?
And Pl tell me what treatment do in IT return for AY 11-12.


Thanks

30 July 2011 you can claim the both hra, and house loan.

HRA u/s 10(13)

interest u/s (24b)
principal u/s (80c)



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