Salary Tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 February 2011 Dear Sir,
Can a employee claim in the same financial year - HRA exemption and also Stamp duty paid on registration of new flat -- possession will be given in the next financial year.

Thanks
N Pareek

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
Follow

07 February 2011 see... you can claim the HRA. There is no problem.

But, anything related to a self occupied house can be claimed only after possession.

So the question of claiming both is not relevant here.

In the current FY... you can claim only HRA.

Guest

Guest (Expert)

07 February 2011 As such, no deduction is allowed for stamp duty payment.

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