HRA Exemption
This query is : Resolved
23 March 2010
A man is working as a salary employee residing away from his home. he has a home loan and getting Home loan repayment and Interst deduction from his income.He is also giving Rent as living on rent in other place where he works.He is getting HRA for this from his Employer. So I want to ask can he avail the deduction of Home loan and its Interst together with HRA Deduction. Please give the answer
23 March 2010
yes if you received HRA bcs of you are staying in your office area and your residence place is far away from office and you can also tax deduction of loan principle & interest as well.
23 March 2010
agreed with expert
23 March 2010
yes he can claim
24 March 2010
yes. he can claim both
24 March 2010
Agreed...
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Event company query
- 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
Trending Online Classes
CAclubindia
