Benefit of hra and home loan in same year

618 views 6 replies

Hi

I was staying on rent in an apt and purchased adjacent one on same floor (already constructed) to which I moved on 31st March. Property was registered in 1st week of January 13. I am claiming HRA for entire financial year till March. In addition to HRA can I also claim exemption for interest and principal that I am paying as part of one pre-EMI (Jan) and two EMI (Feb and March 13) as I had occupied property in same financial year?

Thanks

Vivek

 

Replies (6)

The exmption of HRA has nothing to do with interest and principal of House owned by you.

 

HRA is covered by salary

Interest and principal are covered by house property.

You can take benefit of both.

Thanks for your comment. Can I claim both HRA and exepmtion for property from January to March?

To claim HRA exemption you need to produce rent receipts and show actual payments to the person renting the property.

If you have supportings, you will get exemption in HRA else not.

Hi Vivek,

The said problem is faced by many employees.
You can avail both. Refer the link below:

https://cadiary.org/house-rent-allowance-hra-exemption-how-to-calculate/

Originally posted by : Akshata

Hi Vivek,

The said problem is faced by many employees.
You can avail both. Refer the link below:

https://cadiary.org/house-rent-allowance-hra-exemption-how-to-calculate/

Hi Akshata

The link that you have shared talks about calculation of HRA. But it does not talk about claiming both HRA and home loan benefit.

 

ok vivek

hope this helps then "https://taxmantra.com/claim-hra-and-interest-on-housing-loan.html/"

in any way answer wud be yes,u can claim.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details