sangmesh (CA Final Year Student) (56 Points)
13 July 2011hi, can i claim deduction as House Rent allowance (HRA) and housing loan installment paid before possession of flat. at the same time under income tax return salary head.
Pl suggest..
sonam
(student)
(24 Points)
Replied 13 July 2011
U can claim deduction for as HOUSE RENT ALLOWANCE(HRA) under the income tax return head SALARY ,buyt you can't claim deduction for housing loan installment under the head SALARY, you would get deduction under 80C for housing loan installment......
Tushar Arora
(CA Finalist & Article)
(179 Points)
Replied 13 July 2011
Agree with sonam..
and do consider interest paid on loan under house property head...
CAclubindia
