whether HRA and int. on loan for house both are deductible
This query is : Resolved
20 August 2009
Hello,
I want to know that whether HRA and interest on loan for house is both deductible ?
He is staying at vadodara and rent is paid by him for house in vadodara.
He is paying interest on housing loan for house at mumbai.where he is currently not staying.
Please reply
thanks
I want to know that whether HRA and interest on loan for house is both deductible ?
He is staying at vadodara and rent is paid by him for house in vadodara.
He is paying interest on housing loan for house at mumbai.where he is currently not staying.
Please reply
thanks
20 August 2009
Yes, he can claim both.
Mumbai house seems to be let out, so he can claim the interest amount as per actual paid.
Rent recd will be taxable in his hands.
Mumbai house seems to be let out, so he can claim the interest amount as per actual paid.
Rent recd will be taxable in his hands.
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
- Unregistered suppliers utility
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Difference between Date of Payment and Date of Deduction?
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- ITR 4 and Bank transactions
- TDS AND ITR ISSUE
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
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
