Dear All,
Whether any employee can claim tax benefit for both House Rent Allowance as well as Interest on Housing Loan on Self occupied property.
If so then what are the document we should collect from employee in this
Thanks
Mahalingam R
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Tax benefit on hra & housing loan
Replies (1)
If you have availed housing loan in your self-occupied property, you may claim interest deduction u/s 24 in your ITR. But HRA will become taxable as you are not actually paying rent.
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