Dear All,
Please clarify my following doubts
1. One of my colleague bought a land at his native place and paying the housing loan. He is residing at chennai on rent. Now my doubt is can we take housing loan & HRA for tax exemption.
2. Another colleague residing at rental house, he bought a flat at chennai and his parents are residing there. Can he claims housing loan as well as HRA for tax exemption. He says last year he claimed both.
Regards
Sudha S
Please clarify my following doubts
1. One of my colleague bought a land at his native place and paying the housing loan. He is residing at chennai on rent. Now my doubt is can we take housing loan & HRA for tax exemption.
2. Another colleague residing at rental house, he bought a flat at chennai and his parents are residing there. Can he claims housing loan as well as HRA for tax exemption. He says last year he claimed both.
Regards
Sudha S