HRA & Housing Interest

This query is : Resolved 

21 February 2011 hello All,
I have a query regarding HRA & Housing Interest.- One employee of our company situated in Lucknow . he paid rent & also has property in same city. the distance between rented flatto office is Very Less than his Own house.he has taken bank loan for Purchasing House. can he claim rent & Interest same time for IT deduction .

plese do the needful.

Thanks & regards
Prasad
9823197972

21 February 2011 yes.. claiming HRA deduction & Housing interest together should be permissible

24 February 2011 agreed .. he can claim the both..


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