Deduction us-24 ag.HRA received & HL paid_fy-2021-22

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This query is : Resolved

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This discussion clarifies tax deductions for employees paying both rent and housing loan instalments. It addresses whether an employee can claim deductions under Section 24 and 80C for housing loan payments and HRA, regardless of whether they reside in the same city they work in or a different one. The guidance confirms that while housing loan deductions are generally allowed, HRA claims may not be applicable in certain scenarios.

Keyur

Keyur (Querist)
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21 January 2022 Sir/Madam

One of our employees pay House Rent and also pay Housing Loan Instalments, please guide below two issues-

 He is resident other city/state at where he is currently working and pay house rent??

Can he claim deduction u/s 24 & 80c ag. Housing loan paid during the year and HRA deduction
 He is resident in same city and pay both Rent and housing loan –

Can he claim deduction u/s 24 & 80c ag. Housing loan paid during the year and HRA deduction