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HRA & Own House

Others 1492 views 3 replies
A salaried employee residing in a city where he has his own house for which he is claiming deduction under Section 24, interest on borrowing upto Rs 1.50 Lacs, Now he is also getting HRA, from his employer whether he can claim HRA benefit by residing in a rented house in the same town near to his office.
Replies (3)
No, whole of HRA is taxable
No he will not get the deduction since it is in the sme town under one jurisdiction, HRA is taxable
show the self occupied house as letout and claim interest u/s 24 without any limit. and claim hra also


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