Benefit of both HRA & Self occupied house
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 January 2011
I have a house in Thane which i want to show as self occupied & another house (on rent) in mumbai in which i am living due to my job. can i take benefit of both HRA (in salary) & self occupied house (in house property).
28 January 2011
You may declare any house as self occupied.
But you will not HRA benefit since , you are having own house in the city where you are working.
But you will not HRA benefit since , you are having own house in the city where you are working.
28 January 2011
For HRA - you have to incur expenditure towards payment of rent for the house. Since you reside in own house, you are not entitled to claim exemption for HRA.
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