Interest on sop

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 January 2013 A person gets HRA from his employer
He pays rent to the land lord
and claims HRA deduction from his salary income

Now he also owns a property in the same city.
He has acquired the property by taking loan from BAnks
Property is not let out

Can he claim both ?

Interest on SOP propery at Rs 150000/-
and HRA deduction from salary

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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24 January 2013 He can claim both, but he can not show his own property as self occupied as the said property is in the same city.
.
He has to show the property as deemed let out property.
.

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