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
Murtaza I Bhagat
(Expert)
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
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Employee secondment
- IMS (import of goods) ITC related
- Gift to nri relatives resides in usa
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Form 144 TDS Return Validation Error – Mandatory Fields
- LLP audit and disclosure
- Form 144 TDS Return Validation error
- GST ITC as per notification 12/2023- central tax
- Rent agreement of House of deceased person
- Ito add credit side of bank
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- 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?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
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
