HRA and Housing Loan exemption together for same year?

POSTED BY sir100 ON March 12, 2014 8:53 am COMMENTS (3)

Hi

I claimed my housing loan exemption from Apr 2013-Dec 2013 and no HRA. Then switched to another company in december and closed my loan and registered the flat in my mom\’s name. Now I want to claim HRA but my new employer rejeccted my housing loan exemption claimed with my previous employer saying I cannot claim both HRA and housing loan exemption for the same year unless I stay in another city

now, because of housing loan rejection which i claimed with my previous employment, I will have to pay more unnecessary taxes !!!

any suggestions?

Thanks,

Suresh

3 replies on this article “HRA and Housing Loan exemption together for same year?”

  1. ashalanshu says:

    Dear Suresh, if you are not the owner of the house, how can you claim home loan benefit?

    thanks

    Ashal

  2. sir100 says:

    Ashal,
    thanks for your quick response.
    I gifted by legally paying stamp duties and registering it. So, I do not have any claims on that property now legally.

    Thanks,
    Suresh

  3. ashalanshu says:

    Dear Suresh, did you sell the flat to your mother or just gift it?

    Thanks

    Ashal

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