Regarding deduction u/s 10(14) and u/s 24(b)
This query is : Resolved
07 April 2008
Hi to all
I need to confirm that an assessee gets HRA frim his employer and he also pay the housing loan int and principal to the concerned bank/institution, wheteher he get s the deduction u/s 10(14) and also the deduction for int. paid on housing loan u/s 24(b)
Thanks
Regards
CA.Sanjeev Sharma
I need to confirm that an assessee gets HRA frim his employer and he also pay the housing loan int and principal to the concerned bank/institution, wheteher he get s the deduction u/s 10(14) and also the deduction for int. paid on housing loan u/s 24(b)
Thanks
Regards
CA.Sanjeev Sharma
07 April 2008
What is the relevance of 10 (14) here may please be clarified.
08 April 2008
it means that an employee in a company gets HRA and he also have the Housing loan for repayment of int. and princiapl, so I need to know that whether the assessee get both the exemption/ deduction or not
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