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Hra and housing loan interest exemption

Circulars 1347 views 6 replies

Hi,

I have wanted to know the article on taking benefit on HRA and Housing Loan Interest, Can I take benefit of both?

I have owned property on my name which is in Thane District and my rented house is in Mumbai District.

Replies (6)
yes you can take the benefit of HRA & Home loan simulaneously. the only requrieemtn for HRA is that you shud have incurred teh expenditure on Rent and are able to produce teh proof of payments.
Yes. you can take the benefit of both.
Originally posted by : Shobhit Gupta
Yes. you can take the benefit of both.

AGREED WITH THE EXPERTS

 

please let me know the article I need to know as i have to show this in my office

yes u can claim both bcoz one self occupied proporty is allowed. U can claim HRA u/s 10(13A) and principal repayment of loan u/s 80C.


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