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How can we claim tax benefit on home loan, HRA?- Property Hotline
Posted
November 24, 2016
Views
719
Comments
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November 24, 2016
719
1
0.14%
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4:20Now PlayingExpert: Ashish Sodhani, Tax Expert.
Question: Can salaried person claim benefit under section 24(B) i.e. interest on housing loans and benefit under section 10(13 a) i.e. house rent allowance (HRA) at once?
Answer: Convincing the tax department is going to be difficult. It is better for you not claiming tax on both. Instead you can claim only home loan exemption because you will get Rs 2 lakh benefit on it.
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