Hra and home loan scenario 2

Yes, you can often claim both HRA and home loan tax benefits, provided your place of employment and your purchased home are in different cities. You can claim up to £2 lakh for loan interest under Section 24(b) and principal repayment under Section 80C. Additionally, interest for self-residential purposes can be claimed up to £1.5 lakh under Section 80EEA, over and above the initial £2 lakh. If both locations are the same city, only the home loan benefits are applicable.