HRA claim for Housing Loan
This query is : Resolved
30 March 2009
I am residing in a home other then the home on which I have taken loan , will i get HRA benefit??
30 March 2009
Hello dear, If you are paying rent for the place where you are residing, then exemption of HRA is available for you.
30 March 2009
You will get HRA benefits and home loan only if you are residing in a rented house in a city other than where you own a house. If you are paying rent for a house situated within the same city, you will not be entitled to HRA beneifits
30 March 2009
Yes you will definatly get these benefits:
- Tax benefit on principal repayment under Section 80C
- Tax benefit on interest payment under Section 24
- HRA benefit (if Your house is in one city but you reside in another city).
- Tax benefit on principal repayment under Section 80C
- Tax benefit on interest payment under Section 24
- HRA benefit (if Your house is in one city but you reside in another city).
30 March 2009
If you have any other confusion regarding this point, please ask this point in little more detail. I will reply again.
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
- Gst on travel by air for business purposes
- CLOSING STOCK QUERY
- Gst reverse charge mechanism to be claimed in the month of payment
- Loss of interest in PF transfer from EPFO to Trust
- Itr processing refund
- Taxation on Old jewellery sold
- TDS refund Indemnity Bond
- PF wage ceiling
- GST ISD Query on various AMCs
- Query regarding TDS on EPFO Higher Pension Arrears- under wrong section
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
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
