Hra and income from rent
This query is : Resolved
26 October 2016
Hi,
If Mr A is Having his own house in a XXX City and he is salaried employee, if due to some reason he took rental accommodation near by his company and his won house he given on the rent (he is getting rent income from his own house).
1) whether Mr A can claim his HRA in his ITR and also He can show the Rent income in his ITR?
2) If Loan is borrowed by A for his own house whether he can claim in the ITR with HRA also?
If Mr A is Having his own house in a XXX City and he is salaried employee, if due to some reason he took rental accommodation near by his company and his won house he given on the rent (he is getting rent income from his own house).
1) whether Mr A can claim his HRA in his ITR and also He can show the Rent income in his ITR?
2) If Loan is borrowed by A for his own house whether he can claim in the ITR with HRA also?
Amol S Joglekar
(Expert)
26 October 2016
yes, he can do so. No problem.
Message likes :
1 times
26 October 2016
Yes, A can claim HRA, show rent income and claim Principal & Interest if HPloan in ITR.
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
- EPF ECR NEW FILE SEP 17TH 2026
- Gst registered proprietorship firm
- Capitalgain tax purposes for valuation report compulsory
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- TDS on Fixed Assets purchased
- TDS on purchase of under construction property from a reseller
- TAX AUDIT ON PROFESSIONAL INCOME
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- GST Intimation due to Government took possession of Business Premises under PPE Act
- SALARY CAN BE CAPITALIZE
- Oct 2025 Invoices
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- 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
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
