Originally posted by : Vishal Varun
	Very Good and Knowledgeble Thanks for sharing nd its true Otherwise people juz downloads file & neber reads it

Rytly said.. However i will definitely post a link to download file.

Originally posted by : TusharSampatM.Com CA,CS-FINAL
	explained in easy word...

ThanQ sirji.. i was waiting for ur expert view!! Thanks a ton!!

Originally posted by : Bhargav Nathwani
	Very Informative..

thx Bhai!!!

Thanks for the Info.......................!!!!!!!!!!

Great work sirji as always !!

Please keep writing such informative posts..Its means a lot to us

Thnk u 

Originally posted by : Mansi Kotecha
	Great work sirji as always !! Please keep writing such informative posts..Its means a lot to us Thnk u

tankQ ji

Originally posted by : Deepak Bhagtani
	Thanks for the Info.......................!!!!!!!!!!

thx deepakji for feedback!!

Thanks. Can you please comment on a little more complex case of benefits on multiple houses at the thread below ?

/forum/hra-and-multiple-house-query-234372.asp#.UO2TJW-yCpA

the illustration made things easier... was really of great help...

Very well explained Vaibhav....very useful and informative containing full details and each and every point is well explained...Keep going on and share you knowledge.....it will come in multiples.

very nice post bro... really useful information shared... nice efforts...

Hello

I have a query regarding tax exemption on First home loan which is rented out

If a person has purchased a first house and rented this out (and himself is residing on rent also in different house)

Can person claim tax exemption of full interest from Income tax calculation ?

Thanks

 

Originally posted by : Ashok
	Hello I have a query regarding tax exemption on First home loan which is rented out If a person has purchased a first house and rented this out (and himself is residing on rent also in different house) Can person claim tax exemption of full interest from Income tax calculation ? Thanks

Yes you can claim both!!

Hi Vaibhav,

Let me first thank you for such a wonderfully explained post along with FAQ. I quite loved it. 

I have a re-clarification on one of my doubts:

1. Suppose I have a own house and still staying in a rented home in a same city and genuinely because of proximity to work location, I can claim both HRA and home loan tax benefits. But If I have not rented out my own home, how would the tax authorities treat them?

Can I claim full interest benefits considering rental income as NIL or I need to pay basis a notional rent?  

Hi

You can claim HRA for rent paid by you & also you are not required to add notional rent since you can show one house & self occupied with NIL notinal rent..

Thanks!!

@ VaibhavJ