Hra and home loan exemp
This query is : Resolved
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.
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?
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.
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.
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
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Difference between Date of Payment and Date of Deduction?
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Unregistered suppliers utility
- Bank details not Visible on Traces Portal
- Taxability of Partnership firm for FY 2025-26
- ITR 4 and Bank transactions
- LIC maturity claim whether taxable
- GST Rate for Catering Services
- EXPORT COMMERCIAL INVOICE HSN CODE
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
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
