Deductions under income tax


This query is : Resolved 

Quick Summary
This discussion explores whether it's possible to claim tax deductions for both House Rent Allowance (HRA) and home loan interest and principal payments from your salary. The key condition is that the house you own for the home loan deduction must be located far enough from your workplace that you cannot commute daily.

03 November 2023 Hello,

Can i avail both Rent HRA and Housing loan interest + principal from salary.
If yes, what conditions should i fulfil.

03 November 2023 The house should be far away to your working place.

03 November 2023 Please can you reply in detail.

03 November 2023 The house you own should be situated in an another place where you can't daily commute from your working place.


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