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19 January 2012 can a person claim benefit of HRA and Principal value of Home Loan at a time ?

Peson resides in one city Home loan taken for home situated in another city.



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19 January 2012 He can claim HRA benefit if he pays rent
for a house taken at his place of employment.
.
He also can get deduction U/s 80C towards principal repayment.
Further, he can claim interest, subject to certain conditions, if any paid by him.
He should not either any direct or indirect benefit from his own house, or , in case receiving rent , he can claim such interest against the rental income.
.

20 January 2012 thank you sir






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