Hra and home loan exemp
This query is : Resolved
SATYANARAYAN PATRO
(Querist)
26 February 2014
Can I hav both exemption in LOan and HRA if yes what conditions .pl help -thanx-patro
26 February 2014
Yes you can avail HRA exemption as well as deduction for housing loan.
For this you will have to show that you are staying on rent and you have let out your own house on rent.
You will have to show income under the head house property.
For this you will have to show that you are staying on rent and you have let out your own house on rent.
You will have to show income under the head house property.
SATYANARAYAN PATRO
(Querist)
28 February 2014
Ok,Thanks , But my case already my family staying in own House. Which is very geninue
28 February 2014
Are the 2 houses in the same city or in different cities?
SATYANARAYAN PATRO
(Querist)
28 February 2014
It is in different Town which is 80 km from the City.
01 March 2014
In that case you can claim both the deductions.
SATYANARAYAN PATRO
(Querist)
01 March 2014
Ok, Good,
In that case I think following documents required :
Rent Receipts and Pan Card copy of Owner is'nt Ok.
thank you very much.
SNP
In that case I think following documents required :
Rent Receipts and Pan Card copy of Owner is'nt Ok.
thank you very much.
SNP
01 March 2014
Yes rent receipts and PAN number of landlord is required. PAN is required only if the rent paid exceeds Rs. 1 lakhs per annum.
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