Deduction of rent for the house occupied by parents
This query is : Resolved
Kumaraswamy
(Querist)
27 September 2016
Assessee has self occupied house and claims interest on capital borrowed. Parents are staying separately in another house taken on rent by the assessee.
Wheter rent paid by the assessee can be claimed as dedcution from his salary income as exemption in HRA
Wheter rent paid by the assessee can be claimed as dedcution from his salary income as exemption in HRA
Amol S Joglekar
(Expert)
27 September 2016
morally speaking the answer is NO
But there is no bar to have 2 houses, one rented and one owned....and both self occupied
But there is no bar to have 2 houses, one rented and one owned....and both self occupied
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
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Employee secondment
- IMS (import of goods) ITC related
- GST ITC as per notification 12/2023- central tax
- Gift to nri relatives resides in usa
- Capital Gains Tax on Inherited Mutual Fund
- Form 144 TDS Return Validation Error – Mandatory Fields
- Form 144 TDS Return Validation error
- LLP audit and disclosure
- Applicability of tax on invoice
- Ito add credit side of bank
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
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
