one of our employee have his own house in Sangli city where his parents live & he stays in Pune at rental house. so can he claim for hra exemption u/s 10 as well for housing loan interest?
Rudrayani Shedjale (Assistant Accountant) (751 Points)
28 February 2019one of our employee have his own house in Sangli city where his parents live & he stays in Pune at rental house. so can he claim for hra exemption u/s 10 as well for housing loan interest?
Lisha Bansal
(CA Finalist)
(2595 Points)
Replied 28 February 2019
Hi Rudrayani
The concerned employee can claim both hra and home loan interest deduction u/s 10 if he stays in a rented house in another city for work/ employment purposes. So, he is eligible for both deductions, u/s 10 and u/s 24B.
CA.Pankaj Rawat
(Chartered Accountant)
(1381 Points)
Replied 28 February 2019
Rudrayani Shedjale
(Assistant Accountant)
(751 Points)
Replied 28 February 2019
thank a lot for the information
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
