Housing loan interest paid

This query is : Resolved

s v rajesh (Querist)
Follow

12 August 2011 Hi,

I am paying housing loan interest from april to march and the house is occupied in jan.

So i claimed HRA till December and availed housing loan interest benefit for the entire year.

I got a notice saying i can't get housing loan interest till jan because the house is occupied by me till dec and claiming HRA.

IS it correct and is there any case law for this to claim both the benefits.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

12 August 2011 Yes. Observation in the notice is correct by virtue of the explanation to section 24(b) of the Income tax Act,1961.

s v rajesh

s v rajesh (Querist)
Follow

12 August 2011 so i can claim HRA till dec and housing loan interest for Jan to March?

If that's the case is there any case law for this!

How should go further regarding this matter.

s v rajesh

s v rajesh (Querist)
Follow

12 August 2011 so how can i claim the interest paid from april to Dec as.

when can this be claimed as?

pl guide me how should i produce myself.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

THUSHAR MURALI KRISHNA

ACCFIN SOLUTIONS

Vishal Kapadiya

Sagar Khakhiwala

JAYDEEP MITRA

Subscribe Now

Housing loan interest paid

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

Accountant

Manager- Finance and Compliance

Senior Executive

GST CONSULTANT

CA Final