TaxTMI 
TaxTMI 
HRA and Housing Loan interest exemption
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....RA and Housing Loan interest exemption<br> Query (Issue) Started By: - Rahul Bagaria Dated:- 25-2-2011 Last Reply Date:- 25-2-2011 Income Tax<br>Got 1 Reply<br>Income Tax<br>Please opine whether HRA a....
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....nd housing loan interest can be given at the same time to an employee in the same city where his place of profession is situated There is an employee who has taken a house on loan at 40 kms away from....
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.... the office but due to his health professional commitment has taken a house on rent which is 20 kms from his place of work He wants to claim both HRA and housing loan interest as his role and respons....
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....ibility demands him to be in office early and leave late from office. Also his health does not permit him to drive long hours. Can we give the benefit of both HRA and loan interest under this scener....
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....io Reply By DEV KUMAR KOTHARI: The Reply: Whether 20 KM and 40 Km are in the same city, town etc. or they are different city or town? Buying a house 40 KM away from work place may be considered as ....
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....an investmetn in real estate not intended for immediate own use or use by family.<br> Discussion Forum - Knowledge Sharing ....