HRA & Housing Loan
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 January 2011
If a person has borrowed funds for purchase of property and is taking the interest paid & repayment of principal amount as deduction while calculating tax under the head salary, then can he also take the advantage of HRA exemption u/s 10?
14 January 2011
In staying own house both HRA & Housing interest cannot be claim, so HRA exemption not available
14 January 2011
AGREE WITH RAMESHJI.
THIS ARTICLES IS ALSO VERY USEFUL.
PLEASE VISIT
https://www.caclubindia.com/articles/hra-housing-loan-interest-deduction-simultaneously-5955.asp
THIS ARTICLES IS ALSO VERY USEFUL.
PLEASE VISIT
https://www.caclubindia.com/articles/hra-housing-loan-interest-deduction-simultaneously-5955.asp
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