Home loan examption

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38 Points Posted on 09 February 2009

Hello All

I have Home loan at Delhi, my mother is stayying in this house. so there is no income source from the house. i am paying rent for coimbatore house because my working station is there. so kindly advise me both home loan & rent can show in income tax.

Please help me i am spending money for both

Thanks

Ganesh Arya

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On 09 February 2009 at 13:16 Report
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Finance Officer
48 Points Posted on 19 February 2009

Dear Ganesh

You can take benefit of both

HRA  u/s 10(13A) as you are staying at Coimbatore

Loan EMI- Principal (u/s 80C ) under & Interest ( u/s 24) for negative income.

 

regards

Puran Dangwal

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On 19 February 2009 at 13:27

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