can i claim HRA & housing loan in bangalore

This query is : Resolved

Ashok Kumar G (Querist)
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19 February 2009 Hi friends,

I am having a own house at yeshwanthpur where my parents are staying, where as my office is established as electronic city, since i have to travel 38 kilometers (one way )daily, i have taken a rented place at electronic city.

i have a doubt whether can i claim HRA as well as Housing loan

please clarify
Ashok

CA. B.SRINIVASULU

CA. B.SRINIVASULU (Expert)
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19 February 2009 No you cannot claim both. You can choose any one. But the same should be continued every year until you are working this company.

K V Subba Rao

K V Subba Rao (Expert)
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19 February 2009 I support the view expressed by Sri Srinivasulu.

For detailed discussion, please check the following link:

http://www.apnaloan.com/home-loan-india/taxdeductionbenefitsforhlhra.html