I was on a loss of pay leave for the months of Aug-Sept and then on a break from Oct-Dec and joined back job after that(in Jan). I would like to understand how it works in this case. Are the rent reciepts for Aug-Sept/Oct-dec counted.. if yes, how?
Great Article !!! Can you please tell the income tax act provision number and other details for section 8 explaining the how to avail benefits of HRA and Homeloan both even though rented accomodation and purchased house are in same city.
RE:HRA
by Nirlep Chauhan on May 01, 2007 02:54 PM Permalink
Yes.But, if any of the spouse either husband or wife is holding a govt. home in his or her name than he or she can not have HRA. In short if both the spouse (husband and wife) are not holding govt. accomodation in their names than HRA are entitled.
