Menu
HRA & HOUSE LOAN DEDUCTION FROM SALARY
Dear all,
i want to know wheather HRA & House loan Interest & Repayment of loan both are eligible from deduction of salary. for example A drawn salary as follows ( 25000 + 7000 + 2000 + 1000 + 3000 + 2000 BASIC + HRA + CON + CH.EDU ALL + MED ALL + LTA)he also taken Housing loan from bank principle repayment 27125 & interest 66475. how can he gets deduction from salary.
sir matter related to TDS, kindly reply me urgently and oblige. thank you
Replies (2)
I dont think you can claim both.
If you are required to stay at a place away from your own house for reasons of employment, then you would be eligible to claim both the deductions on account of HRA exemption as well as interest deduction.
Recent Topics :
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
Related Topics :
CAclubindia
