Wanted Clarification on Claiming Housing Loan deduction and HRA Exemption where both houses are in same city.
Can we claim both?
Replies (3)
Quick Summary
This discussion seeks clarification on whether it's possible to claim both housing loan interest deductions and House Rent Allowance (HRA) exemptions when both properties are located in the same city. While housing loan interest is generally deductible, the eligibility for HRA in such scenarios is debated.