HRA clarification

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..... HRA clarification
Query (Issue) Started By: - Ps S Dated:- 16-2-2020 Last Reply Date:- 22-2-2020 Income Tax
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Income Tax
I am co coapplicant for a housing loan with my mother, b .....

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..... ut the property is on her name. Can I claim HRA for the property as rented out to me. Reply By DEV KUMAR KOTHARI: The Reply: If mother is real owner and she has let out property to you, you pay rea .....

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..... sonable rent , you can claim rent suitably under different situations. Becoming co-applicant / guarantor for loan and even paying EMI (fully or partly) is for family convenience and for obtaining loa .....

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..... n for a house for family (including your mother and yourself). However, check to ensure that there is no violation of loan agreement, in case of need amendment can be made with a view to enable payme .....

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..... nt of EMI regularly.
Discussion Forum - Knowledge Sharing .....

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