Income Tax Problem for AY 2010-11

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 March 2011 If a person lived & worked in delhi at rented home & pay rent Rs6000 Per month & he has been also taken home loan of rs 18lac since 2008 & his home is situated at Ghaziabad, so he availed both facility HOuse Rent Allowance & Ded U/s 80C as prinicpal of loan amount & ded u/s 24(b) from Income from income from house property but his NAV is nil.plz solve my problem....

CA. Lohith Jagadeesh

CA. Lohith Jagadeesh (Expert)
Follow

23 March 2011 Hi,
Can u pls give some info about other heads of Incomes?????

Regards
CA. Lohith. J
B.Com,ACA,CS,(ICWA),SAPM Hons,ITF Hons

Querist : Anonymous

Querist : Anonymous (Querist)

24 March 2011 Hello sir,
income from other heads is Nil

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
Follow

24 March 2011 if your own house is not situated in working place then you can avail the benefit of HRA and also 80C sub.to max. of Rs. 1 lacs and 24(b) max. to Rs. 1.5 lacs

CA. Lohith Jagadeesh

CA. Lohith Jagadeesh (Expert)
Follow

24 March 2011 Hi,

What is your Taxable Salary Income??

{ u have said in above question tht HRA as one of the Incomes )

Thank you,

Regards
CA. Lohith. J
B.Com,ACA,CS,(ICWA),SAPM Hons,ITF Hons

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now