i have one query if I am having one own house against which I am claiming housing loan and I am living in rented house so the rent paid on the rented house and housing loan both will be eligible for tax exemption or not.
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HOUSE RENT ALLOWANCE
Replies (5)
Yeah..
For Claiming HRA - The employee should stay in Rented House and Pay rent.
For claiming 80 C and 24(b) - The employee should own the house property and even if he's unable to occupy the same because of Occupation or business at some other place, he can claim the deduction.
Hence, you can claim both.
Regards
KRISHNA
Ya sure you can claim both unable to occupy the same becuase of employment.....
Yes.......both HRA and Housing loan can be claimed.........
only if u are unable to occupy ur own house due to employment.... no other reasons entertained by income tax.
Yes You Can Claim Both, If you are unable to stay in your own(loan) house due to long distance from your office.
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