House property
Querist : Anonymous
A person having a house (own ) which is vacant and he is residing in rented house. both are in same city.
(1)My question is can he claim HRA
(2)he is showing notional rent to his own property and claiming Interest for the same (actual interest as LOP).is this coreect or can he show this as SOP ( claiming interest only to 1.5 lakh )
Thanks
2). he can claim HRA, if the property is taken as LOP.
3). if he show property as SOP, no HRA can be claimed.
in my opinion, he can go for any of the options as in pt. 2 or 3.
clarification still needed on this query..
Querist : Anonymous
Actually he is claiming HRA on the basis of rent by him on the rented property he is residing.
he is showing Notional rent to his own property as it is kept vacant and claim the interest (actual ) .
The assumption is Ok ?
Click here to login now
Similar Resolved Queries
- Post Office RD Interest
- Building and other construction workers welfare cess act 1996
- Applicable TDS for Purchase of Flat from NRI
- Eway bill for machinery reparing
- Bank Accounts in Balance Sheet for ITR 3
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Annual return of gst limit
- TDS ON CASH WITHDRAWALS...
- Form 10BD Filling
- Registration as Authorised Representative of minor
- ESIC- Employee Registration
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
