banner_ad

HRA and intt on housing loan

341 views 9 replies
Sir can a employee living in sorrounding area not more than 2km claim House rent allowance and intt paid on borrowed as housing loan.Thanks
Replies (9)
If there is a proof then both can be claimed..You may have to declare the rent for house
But sir rent paid in cash
How much is the rent per month ?
Rs 12500- per month Rs 150000/-Annual
This can give a trouble from IT Dept .
Make a rental agreement and pay rent by electronic modes from now .Your risk may get reduced
House rent allowance can be claimed only if the assesse is living in a rented accomodation. Pay by Account Payee cheque , receipt has to be provided by landlord.
Query is about housing loan interest and HRA both Deductions

you can claim a deduction for HRA as well as interest since your workplace is in a different city, or that your office is too far from your house. But it should be noted that sufficient explanations need to be provided to the employer or the Income Tax authority in case there is a scrutiny of the details provided.

Within 2km is a risky task to claim HRA and Interest on housing loan..


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details