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      Income Tax

      Whether an employee is allowed deduction u/s 10(13A) even if he owns a house property?

      18 May, 2018

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      Manual - Exempted Income u/s 10 - Salary Specific

      There is no requirement that employee should not own a house property. If the employee resides in a rented property, he can claim exemption even if he owns a house property in the same or different city.

       

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