A N Shanbhag News
Can you claim deductions from both HRA and home loan?
Last week's article dealt with the concept of House Rent Allowance (HRA) as also the fact that it is possible to claim both the HRA deduction as well as the deduction on interest on home loan in case where the taxpayer also had an ownership flat. In other words, HRA and home loan provisions are two different issues as far as the Income Tax Act (ITA) is concerned and one does not influence
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