:( 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
From India, Bangalore
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From India, Bangalore
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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
From India, Gurgaon
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36From India, Gurgaon
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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
From India, Mumbai
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From India, Mumbai
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Dear,
For the EMI, you may claim an IT rebate under the source itself. Similarly, for the rent paid, you may also claim HRA benefits. On the other hand, you must state in your IT return whether you are receiving any income from the property or not. If there is any income, then the same should be included in your IT return.
Sengailingam
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For the EMI, you may claim an IT rebate under the source itself. Similarly, for the rent paid, you may also claim HRA benefits. On the other hand, you must state in your IT return whether you are receiving any income from the property or not. If there is any income, then the same should be included in your IT return.
Sengailingam
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W B Workmen's House Rent Allowance Act, 1974.pdf
Income Tax Calculation 2009-10 - Salaries.xls