Hra exemption
This query is : Resolved
18 August 2011
Whether hra exemtion can be claimed if assessee has his owned house and he is staying in a rented house ?
CA PARAS BAFNA
(Expert)
18 August 2011
He can claim HRA in respected of rented House.
.
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.
.
However, if the house is at any other place, he may claim owned house as SOP.
.
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.
.
However, if the house is at any other place, he may claim owned house as SOP.
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