I am living in Hyderabad on rent from last 6 months. Recently I have bought a house in delhi on loan for self acquisition purpose. Can i take the benefits of both the HRA and Interest on Home Loan.
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HRA vs Interest on home Loan
Replies (7)
yes u can
yes no doubt in that
No one can take exemption/deduction on HRA and interest on HL simultaneously. If he receives HRA ,when he is living in self occupaid house, is fully taxable and can not claim exemtion u/s 10(13A). But for first 6 months he can claim HRA exemtion.
u can claim both the benefits simultaneously.
Yes You can .
since location is different cities so can get the benifit of both
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