HRA Exemption

Tax queries 1036 views 5 replies
User Avatar

Service
42 Points Joined December 2007

A person taken a Home Loan for a House with his wife jointly. The Total EMI ( principal +Intt) paid by the same person , not by his wife. Can he claim HRA along with repayment of Loan twds Principal & Intt thereon for the sme house. Pls reply or can mail me to Krishna_baranwal @ yahoo.com

CA Krishna

Reply Share Follow
On 21 February 2008 at 11:43 Report
Replies (5)
User Avatar

TAX CONSULTANT
369 Points Joined January 2008
YES
Reply
On 21 February 2008 at 15:27
User Avatar

Not In Practice
1408 Points Joined June 2007
NO. When he is not paying any rent, how can he claim HRA exemption?
Reply
On 21 February 2008 at 15:54
User Avatar

c.a. profession
557 Points Joined October 2007
never.................
Reply
On 21 February 2008 at 19:58
User Avatar

DGM-F & A
1734 Points Joined November 2007
No HRA deduction even , housing Principal & Intrest will be in ration of Joint agreement for loan.
Reply
On 22 February 2008 at 11:07
User Avatar

CA
178 Points Joined November 2007
No.Because he does not pay any rent for that house to the employer then how can he claim for HRA.
Reply
On 26 February 2008 at 10:00


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading