deduction/exemption of HRA or INTEREST

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RAKESH SHARMA (Querist)
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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.

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Abhishek Ranjan Singh

Abhishek Ranjan Singh (Expert)
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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

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Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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27 May 2016 If both place are in different area then you can claim HRA and Interest of Housing Loan as separate deduction.

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