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claiming HRA and housing loan interest in the same finanicial year

Dear Sir,
I taken a home loan for an under-construction house, which will be completed before March, 2012. However, right now I am paying a rent of 13500/- pm, so please let me know whether can i claim HRA and housing loan principal for this year. My home loan emi started from the month of July, 2011.
Regards
Zoeb Lakdawala

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