Hra and housing loan benefit


This query is : Resolved 

(Querist)
14 July 2013 I am residing in my parent house in Delhi.
I have financed builder floor in Rohini , Delhi and rented the same . Under what circumstances can I claim both HRA as well as housing principle n interest benefit . Pls advise ?

V K Bajaj (Expert)
15 July 2013 You cannot avail benefit of HRA.

But your rent income is taxable subject to certain deductions and calculations.


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