HRA exemption in Income Tax
This query is : Resolved
29 May 2010
Dear Sir,
Please explain me about the HRA exemption in the following circumstances:
In financial year 2009-10 Mr.A has paid rent to landlord and so he is eligible for HRA benifit, as well in the very financial year he took a home laon and in next 6 months he paid more than 1,50,000 interest for that loan in the same citi where he works or his bulding is in other than where he works he paid Rs more than 150000 for Interest in the financial year from April onwards.
I have to know that may he claiam exemption for full amount of his interest in this financial year along with HRA exemption, in both the conditions?
Thanks & Regards,
Raghav Jha
Please explain me about the HRA exemption in the following circumstances:
In financial year 2009-10 Mr.A has paid rent to landlord and so he is eligible for HRA benifit, as well in the very financial year he took a home laon and in next 6 months he paid more than 1,50,000 interest for that loan in the same citi where he works or his bulding is in other than where he works he paid Rs more than 150000 for Interest in the financial year from April onwards.
I have to know that may he claiam exemption for full amount of his interest in this financial year along with HRA exemption, in both the conditions?
Thanks & Regards,
Raghav Jha
29 May 2010
Yes you will able to claim both exemptions in both the cases
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
- Unregistered suppliers utility
- Difference between Date of Payment and Date of Deduction?
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Journal entry of busniess expenses
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- ITR 4 and Bank transactions
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
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
