Hra and home loan interest same year

Yuvaraj (C) (35 Points)

10 February 2014  

Hi All,

I have simple query on HRA & Home Loan Interest to be claimed in same year. 

I have purchased flat in FY-2011-12. Started Loan FY-2012-13 (Princiapl + Interest)

I got possession in Dec 2013. 

Now I sarted living in my own house. Till Dec-2013 I was stayin in rented apartment.

I have below queries -

1. Can I claim HRA for rent paid till Dec 2013. in FY 13-14.

2. If I claim, HRA, Am I eligible to claim House Loan Interest in FY-13-14. (i.e. HRA for 9 months & Interest of whole year.)

3. My interest component in less than 1,50,000 in FY-13-14. Can I claim last year's Interest into current financial year.

 

regards,

Yuvaraj.