21 January 2015
Hi. The assesse is having two properties. One is let out,other one is self occupied. He is claiming interest on both house properties(ie loss from house properties) and also claiming HRA. Can he claim all the benefits?
21 January 2015
No a person cannot claim both the benefit but there is one exception to this rule i.e. If a person is having is own house suppose in delhi but due to his job he is living in Mumbai as he cannot stay in his own house in delhi then he can claim both the exemption.