1)I have purchased a house by availaing Houseing Loan. Since, the house is far from my Office, for convenience sake, I have shifted to a rented house near my Office. My parents are staying in my own house with no rent. In this case, can I claim Housing load interest, principal and the HRA for my IT claims. If Yes, what is the procedure to claim all the three discussed above?
2) Can I claim my club membership expenses for IT exemption?
1. Yes, U can claim all three
2. For Club Membership fee- NO NOT ALLLOWED
Yes u can claim all
Dear Mr. Kumar
If you are a salary employee ,then club membership fee will not allowed as a deduction from your Total Income .
Thanks & Regards
S.K.Gupta
Thanks
Triveni Turbine Limited
Bengaluru
CA
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A R JADHAV AND ASSOCIATES
Mumbai
CA Inter
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R P S K & Associates
Nashik
CA Inter
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CAclubindia
