suryamsakhamuri Started The Discussion:
:( i am working in hyderabad. but i have a house property in guntur for which i am paying emi’s every month. can i claim both hra and emi’s for my tax calculation
For the EMI you may claim in IT rebate under source itself.
Similarly for the rent paid you may also claim HRA benefits
On the other hand you must state in your IT that whether you are getting any income out of the property or not. If there is any income then the same should find in your IT return.
See the Calculator and Calculation of HRA (House Rent Allowance) in easy way. HRA Calculation : Calculate House Rent Allowance (HRA) Exmption ? Tax India
Found This Useful? +Vote Up This Page Via Google.
Why Vote? User validation is extremely important for good content to prosper.
Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.
Explore Topical Knowledge Areas
Topic Categories >> hyderabad it return Location-India-Bangalore tax calculation Complete List Of Categories
Interesting Relevant Discussions