HRA and interest deduction from hosue property
This query is : Resolved
30 July 2010
Is it possible to claim HRA and Interest deduction from House property when he is staying in the same city for which he is claiming HRA and Interst deduction from house property.
i.e. House No1 Claiming HRA
House No2 Interst on home loan ( actual house)
Both house is at Delhi.
i.e. House No1 Claiming HRA
House No2 Interst on home loan ( actual house)
Both house is at Delhi.
CMA Ramesh Krishnan
(Expert)
30 July 2010
As per sec.23(2(b) the person staying away from the own house due to employment reasons can be claimed, but in the same city is not possible
CA.ViVeK M ACA
(Expert)
30 July 2010
act of the case
Salaried person want to claim the HRA and interest on housing loan
provisio
For claiming HRA, you must pay rent. if you occupaying your own house, you cannot claim HRA. If you staying in the same city also cannot claim the HRA
interest on housing loan also available for you provided if you sataisfying all the conditions
Salaried person want to claim the HRA and interest on housing loan
provisio
For claiming HRA, you must pay rent. if you occupaying your own house, you cannot claim HRA. If you staying in the same city also cannot claim the HRA
interest on housing loan also available for you provided if you sataisfying all the conditions
CMA Arif Farooqui
(Expert)
05 August 2010
Agreed with CMA Ramesh
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
- TDS on Fixed Assets purchased
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- Oct 2025 Invoices
- Non filing of I T Returns
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- TAX AUDIT ON PROFESSIONAL INCOME
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Under marginal scheme
- Capitalgain tax purposes for valuation report compulsory
- Capital Gail Exemption Certificate
- 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?
- 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
