Raman purchased a residential house property in Ahmedabad on loan for which he paid an interest of ₹ 50,000 during the previous year. He is working in Delhi and getting an HRA of ₹ 4,000 per month. He can claim exemption/deduction for-
A. Only HRA
B. Only interest paid
C. Either interest paid or HRA but not both
D. Both HRA and interest paid.
Answer:D
Raman purchased a residential house property in Ahmedabad on loan for which he paid an interest of ₹ 50,000 during the previous year. He is working in Delhi and getting an HRA of ₹ 4,000 per month. He can claim exemption/deduction for-
A. Only HRA B. Only interest paid C. Either interest paid or HRA but not both D. Both HRA and interest paid.