Can anybody claim HRA and Interest on housing loan both simultaneously ?
Menu
claim of HRA and Housing interest both simultenously
Replies (4)
yes it is possible
yes
My client has two house properties one at Kolkata and other at Noida. He resides at Kolkata for employment purpose and stays in a rented house. The Kolkata flat is rented out and the Noida flat is vacant. He gets HRA from his employer.
The issue is whether we can claim exemption from HRA as per the Act, showing Noida flat as self occupied as per the provision of section 23(2)(b) and declaring the Income received from the let out property at kolkata?
yes it is possible you can claim both simultaneously
Recent Topic
- Return filing for intervening period upto date of
- EPF Withdrawal taxation
- While e filing otp not generating
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
- GPF AND COMMUTED PENSION RECEIVED
- How do I choose the correct trademark class? Can I
- Error in totalling salary amount in AIS
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
Related Topics
CAclubindia
