I am paying an EMI in Bangalore and now that i stay in chennai in a rented house , can i claim both, thanks in advance
Ankit Singla
(B.Com (Hons.), CA)
(88 Points)
Replied 26 June 2013
You are paying EMI for your own house in Bangalore and rent for the house taken on rent in Chennai.
So you can claim both interest on home loan u/s 24 & replayment of principal u/s 80C
and benefit of rent paid under deduction from HRA received.
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