- Not allowed.
- Let out the property.
Hello, I work in a PSU. I have availed of a housing Loan & the Builder has delivered the Flat. I am living in the same city on rent & my Flat is vacant. Can I claim HRA Rebate as well relief u/s 24. If Yes, can you help me know the relevant section/ruling which bears an evidentiary value in an Office. Thanks. Anil
Dear Sir,
Hope you are doing well !!
No, you can not claim HRA Rebate as well relief u/s 24.
However, if the house owned by you is used by your parents/siblings and you are staying in a rented house, you can claim both the benefits, even if both the houses are situated in the same city.
No as per the provisions of salary you can't claim HRA if you own the property in same city and then also you rent a property.
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Thank you
hi
Yes, both HRA benefit and section 24 deduction can be claimed at the same time even if both the properties are in the same city provided you have a valid reason for such arrangement of not residing in your own property.
A valid reason could be proximity of the property from office, the own house property to be not sufficient for your family, etc.