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Query on 2 housing loans
by Srinivas ch on Jun 03, 2007 05:21 PM   Permalink | Hide replies

i have two houses in hyderabad and both are let out and i stay near to the office by paying rent. Can i claim the for both the housing loans by showing both the loan amounts and the amount i get from them by let out, and above all can i also claim the Rent.

Suggest me.
Regards
Rajest

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  RE:Query on 2 housing loans
by Upadrasta PardhaSaradhi on Jun 03, 2007 05:25 PM   Permalink
you can do it. You have to show the income you get out of giving your houses for rent and you can claim both HRA and Tax excemption provided you show proper evidences.

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Tax-smart housing loans!