Thank you for the immediate reply. Please tell me if HRA deduction is still applicable under this circumstance( When the housing loan is taken and the flat bought is let out on rent)? Please assisit. Also my husband who is working as GM in a Pvt company has got admission in to part time MBA in IIML.Can he avail educatioanal loan and avail deuction for interest paid for part time studies? Also If he is paying educational loan for an outsider can he avail the same benefit?
CAclubindia
