Availability of HRA exemption
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....vailability of HRA exemption<br> Query (Issue) Started By: - d.v. gupta Dated:- 13-1-2009 Last Reply Date:- 6-2-2009 Income Tax<br>Got 1 Reply<br>Income Tax<br>my client has bought a house on loan and....
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.... paid interest of Rs. 200000/-.he is living in a rented house and paying rent of rs 10000 p.m. he is also receiving rent from his bought house @ 5000 pm. whether he is entitle for HRA exemption being ....
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....salaried and receiving HRA. whether Rs. 200000 paid as interest is deductible in total being rented house. Reply By rishi mohan: The Reply: As the assesse is a salaried employee, he can claim exempti....
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....on for the interest of loan paid on the house. Loss from house property can be set off from the annual salary income.<br> Discussion Forum - Knowledge Sharing ....