HRA and interest deduction from hosue property
This query is : Resolved
30 July 2010
Is it possible to claim HRA and Interest deduction from House property when he is staying in the same city for which he is claiming HRA and Interst deduction from house property.
i.e. House No1 Claiming HRA
House No2 Interst on home loan ( actual house)
Both house is at Delhi.
i.e. House No1 Claiming HRA
House No2 Interst on home loan ( actual house)
Both house is at Delhi.
30 July 2010
As per sec.23(2(b) the person staying away from the own house due to employment reasons can be claimed, but in the same city is not possible
30 July 2010
act of the case
Salaried person want to claim the HRA and interest on housing loan
provisio
For claiming HRA, you must pay rent. if you occupaying your own house, you cannot claim HRA. If you staying in the same city also cannot claim the HRA
interest on housing loan also available for you provided if you sataisfying all the conditions
Salaried person want to claim the HRA and interest on housing loan
provisio
For claiming HRA, you must pay rent. if you occupaying your own house, you cannot claim HRA. If you staying in the same city also cannot claim the HRA
interest on housing loan also available for you provided if you sataisfying all the conditions
05 August 2010
Agreed with CMA Ramesh
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