Debasis (Finance Professional) (41 Points)
11 January 2016I am paying rent where I am staying , also paying home loan for a flat which I have purchased . Both are in the same city but different location, also I have not started to stay in the same flat which I have purchased .
Can I claim both the exemtion HRA as well as Home loan Interest.
Prateek
(Partner)
(143 Points)
Replied 11 January 2016
Both deduction of HRA and interest on housing loans are independent deductions. You can definitely claim deductions of both.
CAclubindia
