Tax on house property
This query is : Resolved
04 January 2013
Hi,
My query relates to HP income
Suppose A is residing in the house owned by him and his mother can he claim the exemption of HRA If yes pls guide in reference to formality to be completed to claim HRA?
Second doubt is suppose he wants to buy one house in the name of him and his wife whether he can claim both benefits of HRA & interest on hsg loan
Pls explain in detail
Thanks
My query relates to HP income
Suppose A is residing in the house owned by him and his mother can he claim the exemption of HRA If yes pls guide in reference to formality to be completed to claim HRA?
Second doubt is suppose he wants to buy one house in the name of him and his wife whether he can claim both benefits of HRA & interest on hsg loan
Pls explain in detail
Thanks
04 January 2013
If the assesse is paying the rent then only he can claim the benefits of HRA.
If the assesse has his own house or leaves with his family then he can't claim exemption.
The only exeption is that his place of employement is far from the place of residence.
If the assesse has his own house or leaves with his family then he can't claim exemption.
The only exeption is that his place of employement is far from the place of residence.
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
- Price inclusive or exclusive of GST while made entry in P& L Account
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Tds on commission charges
- Minimum tax payable to file Updated return
- Applicability of GST on Salary Reimbursement Component
- Dep. as per companies act
- Renovation exp. in flat by family member
- New GST registration for new place of business.
- Salary from Qatar in Dollars in India
- UDIN ISSUE
- GST Intimation due to Government took possession of Business Premises under PPE Act
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
Quick Links
Featured
11 September 2026
Audit Executive
RBSM Corporate Advisors Private Limited
Pune
CA
View Details
ARTICLESHIP
07 September 2026
Article/ Paid Assistant
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
ARTICLESHIP
30 September 2026
CA Article Assistant
CA Suraj Garg & Associates
New Delhi
CA Final
View Details
Featured
12 September 2026
Assistant Manager - Finance & Compliance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
22 September 2026
Account Assistant
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
View Details
CCI
Pro
CAclubindia
