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Hra and house property

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(Querist)
26 March 2014 If an employee is getting HRA from company and he has bought a house in the same localty but the purchased house is not used as self occupied it is a let out property. Can he awail HRA and also take the exemption on house loan for the let out property in his name.
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CA Deven

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CA Deven (Expert)
26 March 2014 yes he can claim HRA..

visit this link,

https://www.caclubindia.com/experts/hra-exemption-available-or-not--566650.asp#.Uy06tKiSzDY
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