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Hra exemption

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 September 2014 Dear Sir,

I am a Central government employee presently working at New Delhi. Till last month i was working in Hyderabad. At Hyderabad i was residing in self occupied own house. I purchased the house in 2009 with housing loan for a period of 20yrs. Till last financial year i claimed the exemption of EMI paid for my housing loan under Loss from House property (interest) & u/s.80C (Principal).

In this month i have changed to new job & shifted to New Delhi. But due to some personal reasons, my parents are staying at Hyderabad only & they do not have any source of income. Now i am staying in a rented house at Delhi. My query is, whether i am eligible for exemption for both HRA (for the rent paid at Delhi rented house) & housing loan EMI for the house at Hyderabad in which my parents are staying.

Kindly suggest.

Venkata Srinivas.B

19 September 2014 Yes Venkata ji, you are eligible to claim both (interest and principal) and HRA.

Thanks.



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