A salaried client received HRA of 1,80,000 per year, she also has a home loan interest of 1,45,000 for the year.
Her home, on which loan is taken, is in Noida, U.P. but she lives in Faridabad, Haryana (at her parents house & pays rent to them) & works also in Faridabad, Haryana.
- Can she claim both HRA & home loan interest ?
- Noida home is vacant, does she have to assume it as deemed let out & show notional rent income in ITR ?
(Distance between Noida home & office is approx 35-40 KM or 1.5 hours.)
Thanks & Regards
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HRA & Home loan interest
Replies (2)
I believe she can still claim the house at Noida to be self-occupied. Based on the section 24 of the Act, an assessee can have two self-occupied house properties.
Noida house can be claimed as self-occuoied. That's ok.
But If I claim 2nd house as in Faridabad as self occupied then, how will I claim HRA ?
But If I claim 2nd house as in Faridabad as self occupied then, how will I claim HRA ?
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