HRA and House property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 January 2010
If a person has a house in New Delhi, but works in Bangalore and place of residence(rented accomodation) is also Bangalore, then can he claim deduction under HRA?
Also, if he can claim deduction under HRA, then can he claim interest deduction in income from house property for the self owned house in Delhi?
Also, if he can claim deduction under HRA, then can he claim interest deduction in income from house property for the self owned house in Delhi?
CA.SHAHZAD SAYYED
(Expert)
06 January 2010
Dear
As per Sec 10(13A) deduction of HRA is calculated as HRA received by u or Actual Rent paid by u whichever is lower, so u can claim deduction
Yes Interest can be claimed u/s 24(b) as the rent income is charged under the head Income from HP
As per Sec 10(13A) deduction of HRA is calculated as HRA received by u or Actual Rent paid by u whichever is lower, so u can claim deduction
Yes Interest can be claimed u/s 24(b) as the rent income is charged under the head Income from HP
CMA Ramesh Krishnan
(Expert)
06 January 2010
you can claim interest if you show the house in Delhi as rented and showing rental income
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- MSME disclosure and disallowance
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
