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HRA vis a vis Interest on HBL

This query is : Resolved 

23 January 2008 1.Can Both HRA exemption and loss on HB due to interest(sec 23(2)(b):could not be occupied due to employment) be claimed if both being in different city?
2. what is the resposibility of the employer regading this?


24 January 2008 YES. BOTH CAN BE CLAIMED.
THE EMPLOYER AFTER SATISFYING HIMSELF WITH PROPER DIOCUMENTARY EVIDENCE CAN GIVE EFFECT TO TDS ACCORDINGLY AND ISSUE FORM 16.
R.V.RAO

24 January 2008 Yes. Please visit https://www.apnaloan.com/taxtips/home-loan-india/taxdeductionbenefitsforhlhra.html and study the Home Loan Tax Tip under caption "Simultaneous tax deduction benefits for home loan and HRA" for very exhaustive discussion on the subject


29 January 2008 Lot of Thanks to Both of you


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