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Loss under head house property

Tax queries 365 views 2 replies

I AM ALREADY CLAIMING HRA AND PURCHASED A HOUSE PROPERTY IN THE NAME OF MY SPOUSE AND CLAIMING ITS DEDUCTION UNDER SECTION 80 C , NOW MY QUESTION IS WHETHER CAN I CLAIM LOSS UNDER HOUSE PROPERTY ALSO AS A SELF OCCUPIED HOUSE. AFTER CLAIMING THIS LOSS WHETHER I WOULD BE ELIGIBLE TO CLAIM HRA??  

MY SPOUSE DOES NOT HAVE ANY INCOME.

MY QUESTION CAN BE WRONG ALSO SO PLEASE CORRECT IF IT NEEDS TO BE ,  PLEASE SUGGEST ME  HOW CAN I  SAVE SOME TAX IF POSSIBLE??

Replies (2)
your ques is right.

you can claim both hra and loss under house property. but it can be done only under one condition. and that is your place of service has to be diff from the city where your house is located.

agree with mr t.a.singh


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