1/ - I have taken a loan and paying Rs 156438/- towards interest on house loan.
For which I am getting rebate of 150000/- max limit, and before possession in June - 12, I have paid int on pre-emi of approx 98000/- which I can claim for next 5 yrs i.e. 98000/5 = 19600
So need to know what will be my rebate amt -
150000/- (Max Limit)
OR
169600/- ( Max Limit + Bifurcation of 5 Yr pre-emi)
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2/ - Also need to know, in Govt, if someone gets accomodation but he/she doesn't want that and live outside on rent.
Will he be entitled for HRA / HRR. If yes, what amount he can claim. What is the minimum limit of HRA / HRR, I can claim.
As I am not living in the house for which I have taken house loan.
Also I have not Let Out that property.