An Assessee has two residential houses in his name in two cities but he was living in another city for job purpose in a rented house.
He was showing one property as self occupied and the other as Deemed Let out property in his income tax return.
My question is- Is he eligible to claim HRA exemption for the rent paid by him?
If the assessee is having houses in Cities A and/or B and he is in employment in city C then he is eligible to get HRA benefits.
For claiming HRA the stipulated conditions he should have taken a house on rent. and should not be residing in his own house.
Chirag N Shah & Associates
Mumbai
CA Inter
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BHUPINDER SHAH AND COMPANY
New Delhi
CA Inter
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Hyderabad
CA
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A R JADHAV AND ASSOCIATES
Mumbai
CA Inter
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