Dear Sir,
Pl solve the following cases and also provide the backing(if any) for ur answer :
Case1: a person is staying on rent in Surat and he is getting HRA . He is also repaying the housing loan principal and interest for the house which are in Vorodara and which is occupied by his family.
whether he can claim HRA exemption and take benefit of principal in 80C and interest in House Loss head both or he can claim one of them?
Case2: If the house loan is for the same city i.e. Surat house but possession will be in Oct 09.
Then what?
Case 3: whether the Employer has to take only Rent Receipt from Employee or Rent agreement Also for giving him HRA exemption in Form 16
CAclubindia
