Mirror Now
@mirrornow·2.2M subscribers·145K videos
FAQ: Can I claim both HRA and home loan tax deduction? - Property Hotline
Posted
May 20, 2016
Views
2,540
Likes
5
Comments
1
Engagement
0.24%
May 20, 2016
2,540
5
1
0.24%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
1:44Now PlayingExpert: Harshil Mehta : CEO DHFL
Q: I am currently living on rent, closer to my child’s school. If I buy a house in same city, can I claim both HRA & home loan tax deductions?
Answer: This is something a lot of working parents or professionals do every year when they counter such a problem. Yes one can claim HRA as well as tax benefits on one’s home loans comprising the principal re-payment under Section 80 C and interest payment under Section 24(b). However, you should keep in mind that on the property where you are paying EMI, chances are that you would also rent it out. In that case the rental income is also considered as an your income and hence there is some amount of netting off.
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
