Home loan query

Hi

I have a Self-occupied House Property for which loan payment is ongoing.

Spouse and children are residing in a separate house for which I am paying rent.

What is the right way to handle this for TDS calculation.

 

Regards

Ariv

Replies (4)

Are both housed in same city?

Sir

Both are in same city.

Regards

Ariv

 

Well, For calculation of TDS, you may claim exemption of both HRA and home loan interest u/s. 24b, upto 2 lakhs PA

Sir

Thanks for clarifying

 

Regards

Ariv

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