can an individual (salaried)claim HRA exemption alongwith deduction u/s 24(1) for interest on housing loan?
CA Pankaj Bansal (Manager) (82 Points)
19 February 2013can an individual (salaried)claim HRA exemption alongwith deduction u/s 24(1) for interest on housing loan?
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 19 February 2013
Yes. There is no specific prohibition in the Act/Rules. The only point is that the residences should not be in the same 'place'. But 'place' is not defined.
Regards,
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)