Hra and housing loan both can be claimed????

Hello,

You can own a house property & claim interest on home loan deduction and at the same time pay rent and claim HRA exemption. Under certain circumstances you may have to live in a rented accommodation. For example – You work in one city and live on rent but your family resides in another city and you buy a home where your family is. Your house is too small for your needs and you live in a rented house which is bigger than your owned house. You can’t live in your own house since it’s far from your workplace and you take a house on rent closer to your office.

‘At any other place’ mentioned in section 23(2)(b) includes any other place in the same city. Reference is drawn to the decision of Hon’ble High Court of Delhi in CIT v. Mr. Justice Avadh Behari Rohtagi [1986] 157 ITR 441 wherein it was held that where a person owns a house property in a city and resides at another house in the same city by virtue of his employment,