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Please Help: HRA & Sec.24 deduction

Posted Date : 02-Jun-2014 , 04:28:08 pm | Posted By: Bipin Hirpara

Category : Income Tax | Answers : 1| Comments : 0| Hits: 275

I have vacant house at city A, for which I am paying EMI, At city B where I am working I am paying rent. Can I claim HRA(City-B)& Interest U/s.24 & Principal u/s 80C (City-A)simultaniously

Answers:
   Answer by: Shankygarg
Yes, you can claim both.These two components (HRA & Interest on Home loan) are handled in two different sections and are not inter-connected.
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