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Hra exemption

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18 August 2011 Whether hra exemtion can be claimed if assessee has his owned house and he is staying in a rented house ?

18 August 2011 He can claim HRA in respected of rented House.
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If the owned house is located at the same place or in the same locality, it can not be claimed as SOP even if it is occupied by the employee.
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However, if the house is at any other place, he may claim owned house as SOP.

18 August 2011 Thank you very much.






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