Payment of house rent & home loan
This query is : Resolved
09 March 2013
Can anybody help me: if a person has purchased a residential flat in his own name and has started residing but at the same time paying rent for another rented house for his family,can he claims both the exemptions i.e. u/s 10(13) and HBL loan & interest u/s 80C & 24/1(b)respectively...if yes how long .....
09 March 2013
yes he can claim
09 March 2013
NO, if he is living in his own flat and paying rent for his family only, then he can't claim HRA
because 10(13A) is allowed for his own rent
because 10(13A) is allowed for his own rent
09 March 2013
if he purchased the home in other city and he is living on rent then he can claim both
10(13A) and 80C with 24(b)
but you told that he is living in his own house and he is paying rent for family
so 10(13A) will not be allowed
10(13A) and 80C with 24(b)
but you told that he is living in his own house and he is paying rent for family
so 10(13A) will not be allowed
09 March 2013
Prashant is right.
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?
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- 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
