Loss from house property & hra claim
This query is : Resolved
16 February 2013
Hii, Can an employee claim both HRA and Loss from let out house property (Intt. on HL) from his employer, if his working location and let out house is in same town but he is residing in rented house in different town.
Please clarify, Thanks.
Please clarify, Thanks.
27 February 2013
Yes, he can claim both HRA and loss from house property given that his rental income is getting taxed under Income from house property.
In practical scenario, person is not able to occupy said property as it does not accomplish assessee’s requirements and he has to stay in a rented house.
I request other members for their opinion.
In practical scenario, person is not able to occupy said property as it does not accomplish assessee’s requirements and he has to stay in a rented house.
I request other members for their opinion.
17 August 2023
In above scenario HRA not eligible.
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
- About TDS & Income Tax
- Scrutiny and reopening of past returns
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Section 194JA & JB Income which ITR Form to use
- Type of Capital Gain
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Grand in aid
- Accounting with Claude
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- 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
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
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
