HRA & Interest on Housing loan
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 April 2010
can i claim HRA and Interest on housing loan, i stayed in rented house till Feb 2010 by that time house was under construction. In march 2010 i occupied that house for selt occupation, can i claim Interest on housing loan for the period April 2009 to March 2010. and HRA April to Feb 2010
27 April 2010
You can claim HRA april to feb 2010. and Interest of pre-construction & pre-acquisiton period period is allowed in five equal annual instalment commencing from the previous year in which these is acquired or constructed.
i.e you can claim 1/5 of interest paid before acquistion in FY 2009-10.
i.e you can claim 1/5 of interest paid before acquistion in FY 2009-10.
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
- CLOSING STOCK QUERY
- Exiting partner in partnership firm in gst portal
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- Missed TDS
- IT returns for fresh job holders
- F&O reporting in ITR
- CASH GIFT FROM BLOOD RELATIVE
- TDS offline utility
- Due Date Clarity
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
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
