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Employees Can Claim Both Interest Deduction on Housing Loans and House Rent Allowance Exemption: Clarification on TDS Rules.

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....TDS from salary payment to employees - considering the house property loss resulting from the deduction on account of interest on housing loan while making deduction of tax at source from the payment of salary to some employees who had also claimed exemption on account of house rent allowance u/s 10 - There is no fault in allowing two benefits under two independent provisions.....

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