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Tax benefit on hra as well as home loan interest & principle

This query is : Resolved 

29 January 2014 I am a salaried employee
I have taken a home loan of Rs.7 lakhs in Aug-2012 for constructing a house at Kerala and occupation certificate received in Nov-2013. Presently I am working at Bangalore & staying in rented house. Whether I can avail IT deduction under HRA as well as Housing loan (Principal & Interest).

Kindly advice

29 January 2014 Yes. You can avail deduction for interest/principal as well as exemption of HRA.



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