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Hi All I am bit confused abt considering HRA n interest on housing loan while deducting tds from salary paid to an employee. Sec covered are also requested Regards Vijoy
Dear Vijoy,
An employee cannot claim both the Interest on housing loan and HRA simaltaneously. He can do that on two grounds, (i) if he has let out that property (2) the property is situated in a place different from his place of duty.
Hope the above clarifies your querires
Thanks & Regards,

Hra Exemption Is Available Under Sec 10(13a) Read With Rule 2a, While Interest On Loan Deduction Is Available Under Section 24.
You can save tax on second home loan as well, and without the limit of 1.5 lakhs, check out Pay Right Taxes, no more for full info:wink:
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