Hra
This query is : Resolved
27 July 2013
CAN WE CLAIM BOTH HRA AND HOUSING LOAN INTEREST ONE AND THE SAME TIME ?
27 July 2013
Yes, but not in respect of the same house.
.
For claiming HRA exemption, against the HRA being received, you must have paid rent for the house taken on rent in connection with the employment.
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In case of vacant owned house or from which no rent is being received by you you can claim Interest. If you show rantal income from your own house, you can claim full interest amount as deduction.
.
For claiming HRA exemption, against the HRA being received, you must have paid rent for the house taken on rent in connection with the employment.
.
In case of vacant owned house or from which no rent is being received by you you can claim Interest. If you show rantal income from your own house, you can claim full interest amount as deduction.
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