ITR filing: How to claim home loan tax benefit and HRA together
ITR filing: The taxpayer can claim HRA exemption and home loan tax benefits. HRA benefit can be claimed for the rented house and deduction of home loan interest and principal payments towards the self-occupied property
ITR filing: Many employees either claim income tax deduction on HRA or on home loan repayment. There are only a few who are aware that they can claim both these deductions together. If you are eligible to claim tax deduction on HRA or on home loan repayment simultaneously then you must do so as what's the harm in getting some tax benefits on your hard earned salary.