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
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