House Rent Allowance Calculation.. CiteHR
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House Rent Allowance Calculation

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

katyana - 
Dear Surya, Let me know, whether u r staying in hyderabad on rent or not? And the property which u have mentioned in Guntur is on rent or your parents are living? Clarify . katyana

shikhapathak - Contributing Member
HEY DEAR DON’T WORRY. ONE WEBISTE CAN ANSWER ALL UR QUESTIONS:- WWW.INDIATAXES.COM TAKE CARE & DON’T WORRY :) REGARDS, SHIKHA

Dear Surya, If you stay in rental house at Hyderabad then you gets boths benefit i.e. HRA and Housing Loan (principal and interest) from your taxable salary. Regards, IM Gandhi

sengailingam - Contributing Member
Dear
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.

Sengailingam

pankajadv - Contributing Member
See the Calculator and Calculation of HRA (House Rent Allowance) in easy way. HRA Calculation : Calculate House Rent Allowance (HRA) Exmption ? Tax India

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