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Showing posts with label Tax Benefit House Rent Allowance. Show all posts
Showing posts with label Tax Benefit House Rent Allowance. Show all posts

Monday, 21 January 2019

Both HRA and Home Loan Interest tax sections are unrelated. You claim tax benefit on HRA (House Rent Allowance) under section 10(13A) while the tax benefit on payment of interest on home loan comes under section 24(b). However, there can be issues if both the sections are used together with the intent of tax evasion.