Relation between hra & housing loan intt repayment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 August 2011
Dear All, If the assesse in a job in Banglore, and he purchased a flat in Ghaziabad through housing loan and receiving rental income 24000 per Annam from the flat, per Annam he paying approx 2 lakh intt on repayment of loan
please tell me in above said condition the assessee will avail the benefit of max limit of intt or full amount of intt or he will not avail the benefit of intt amount
pl tell me relevant section and any circular or notification regarding this
please tell me in above said condition the assessee will avail the benefit of max limit of intt or full amount of intt or he will not avail the benefit of intt amount
pl tell me relevant section and any circular or notification regarding this
25 August 2011
you can avail full interest as deduction u/s.24(b) as your house in Ghaziabad is let out house
You can claim HRA for your Bangalore staying house
You can claim HRA for your Bangalore staying house
25 August 2011
agree with expert view.
26 August 2011
I agree with the expert
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