deduction/exemption of HRA or INTEREST
This query is : Resolved
RAKESH SHARMA
(Querist)
26 May 2016
Dear experts,
if a person purchased a house property In ahemdabad on loan and he paid the interest of 50000 , and he is working in Delhi and getting HRA of Rs 4000 pm. What he can claim exemption / deduction and why.please give your valuable comments.
Message likes :
1 times
26 May 2016
If he is paying rent than he can claim HRA exemption and Home Loan also on self occupied property.
Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615
Note : If you find our reply useful. Please Score us by clicking on "THANK USER"
Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615
Note : If you find our reply useful. Please Score us by clicking on "THANK USER"
Message likes :
1 times
Murtaza I Bhagat
(Expert)
27 May 2016
If both place are in different area then you can claim HRA and Interest of Housing Loan as separate deduction.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Oct 2025 Invoices
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
