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Mihir Tanna  |798 Answers  |Ask -

Tax Expert - Answered on Nov 22, 2023

Mihir Tanna has more than 10 years of experience in direct taxation, including filing income tax returns.
He regularly represents clients before the income tax authorities including the commissioner of income tax (appeal).... more
Asked by Anonymous - Aug 01, 2023Translate
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i own 2 flats in 1 society on same floor , both are 2 bhk and financed through separate home loans. now i want to let out both flats separately and receive rent from those , while i myself rent a bigger house a 4 bhk in same society as i need bigger place for myself and my family. Can i claim home loan interest exemption for both flats as well as HRA exemption ?

Ans: No, as you own a house property in same city, you can not claim HRA.
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