Home loan and HRA EXEMPTION
This query is : Resolved
Quick Summary
07 February 2023
One employee lives in Mumbai and his HO in Delhi. He is having Home loan in Mumbai and living on rent in Mumbai. Can he get HRA and home loan benefit both.
Please advise
Please advise
07 February 2023
If there is any specific reason, like distance of office too far from own house, etc.; he is allowed to stay in rented house in same city, hence can claim HRA.
CA R SEETHARAMAN
(Expert)
07 February 2023
No, as he is having home loan for the house in Mumbai.
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
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
