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HRA & Housing Loan deduction (Income Tax)

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Hiren Sheth

( Author )
05 March 2010

Hi Experts,

i have small query regarding HRA and housing loan deduction. I have bought house in Vasai (Thane dist) and i am currently residing (on rent) in mumbai and working in Mumbai also.

can i claim both HRA and housing loan deductions?

Please advise.
 


CA. B.SRINIVASULU

( Expert )
05 March 2010

If your place of work is different from your owning place of house then you can claim both.
 


CMA.Ramesh Krishnan

( Expert )
05 March 2010

Agree.if you are staying away from the own house due to employment reasons HRA & Housing interest both can claim
 

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