Hra and home loan benefits

nagendra (ZM) (44 Points)

08 June 2013  


I am a salaried employee. I have purchased on house on loan in the same city and going to get possession by July 1st week. Currently residing in a rental flat and getting HRA exemption benefit. Now I dont want to move to my own purchased house. 

Can i still claim HRA exemption along with Home loan interest (deduction from income) benefit in case I lent out my own property and continue residing in rented flat.