Can we show 200,000 loss on self occupied property and also claim hra at same time.

like
Posting as :
works at
You are currently posting as works at

Yes, if both are in diff cities..

what is loss on self occupied property exemption ?

Yes in same city also you can claim both. But only to prove that owned house was far from office so taken on rent near office.

Related Posts

Anyone else holding out to 1 year AT LEAST, in order to get long term cap gains tax rate? 🙏🏻 every day passing is a day closer

like

Any downside to holding some funds from my Roth IRA in my vanguard federal money market fund until I can buy the dip? I’ve hit my max contribution limit for 2020 by having a few thousand hanging out in there until I’m ready to buy. I can buy with those funds after 2020 contribution deadline right?

Just had my GrubHub account hacked. Multiple charges on both my personal and corporate credit cards. Not sure how widespread of an issue is. But might want to check yours.

like

Recommendations for best ways to save for retirement after contributing to 401k up to match and maxing out Roth IRA?

like

How do you split income/expenses with your spouse? Wife earns about 75% as much as me. Don’t have kids yet. Do you have a joint account for everything or do you split common expenses 50-50 or in proportion to income? Something else? This has caused some contention so want to benchmark. Thanks!

funny

Hi Fishes, I have one question for you.

What are avg 2 sharing PG rents in Bengaluru?

like

Any REIT ETFs that people like?

like

Newbie buying AAPL for the first time - any reason I should select anything other than Market Order?

So if I were to rent a car from Trips, can my wife (not in Deloitte) drive that car as well? Is she also covered in the insurance? Does anyone know?

Is there any mortgage brokers that work at Chase? Hoping to run some numbers

Do big4s have any history of offering early retirement packages?

Best way to transfer money from US bank account to Canadian bank account? Transferring offices to Canada and want to learn what is the best / most cost effective way to do this. Thanks!

like

I need help from an accountant or a financial analyst. I need to compare fed vs private company retirement and help me create a retirement plan. I will pay for the services. Thank you

like

Looking to buy a vacation home on the west coast not in a major city. West coast so it doesn’t take too long to get there. Could consider other areas, but don’t want to spend too much time traveling there. Budget is under $700k for 3 bedroom, at least 2k sqft. Any ideas?

like

What actual stocks you all buying today? Got some cash from settled trades I want to deploy

like

So what stonks are we buying?

like

Hi, Ive been working for 5 yrs now , but haven't made any investment or bought asset as such, no savings except the ppf. Please guide

like

Soon to be making 85k in LA, looking to move to a new apartment. What would you think is reasonable to spend on a 1 bedroom (not studio)?

like

Cons of moving 75% of my savings to an Intermediate US Treasury ETF (SCHR)? I wouldn’t mind losing 4-5% if the market rallies, but would rather put cash to work if the market keeps tanking

like

More Posts

Hi Any opportunity for Dynamics CRM Functional, 7+ year exp

Thanks

Hi! I’m doing some research on employee benefits (medical insurance, 401k, HSA/FSA, commuter benefits) and was hoping to connect with People specialists or HR professionals in the comp & benefits space. I’m trying to better understand any pain points or challenges you might face with utilization/enrollment. Anyone interested in connecting? Thank you!

I have worked with Forbes top companies, for-profits, non-profits, & startups. I consider myself a solver of complex & complicated problems requiring mixed method research & novel solutions. This has led to issues in self-referencing title. I’ve been project manager, data engineer, developer, modeler, analysts, principle DB developer, etc. Most of my w2 work has been from offers of 1099 clients so I am usually asked to define my own title. Any T-shaped data people who run into this?

like

Had anyone gone from consulting in to diplomacy/International organization like the UN/EU or similar?

like

Here's a question I wish I never had to ask. Is it better to use the code for bereavement leave or just burn pto I'm going to lose anyway? Does it make a difference from a utilization standpoint?

like

Really odd, the bottom leaf on my fiddle turned yellow REALLY fast, most of the rest of the leaves seem fine. It’s right in an east facing window with maybe 1-2 hours of direct sun per day the. Tons of ambient lighting the rest of the day. Pls help!

Post Photo
like

Recs for apartment cleaning service in center city?

like

Hello! What is the best way to structure a discovery call for SaaS sales? e.g. share a deck, only focus on their use case (current state, goals, pain, etc.), share a story, etc. Lastly, how do you go further than surface level, like if they mention they are having issues with xyz, which is usually a symptom of the problem and not the problem itself. Any info would be appreciated, thanks.

like

Does your company conducts a proper UX research in a user centric way?

Did you join as a Product/UX UI designer and were told that they do UX design research, but later came to know that they just focus on UI part only?

Please mention the name of companies you know of, who invest in product design research.

This may help a lot of people who are starting their career in this field.

like
like

Did anybody used virtual card issued from partner after getting your Gartner peer insights review ??

Hi currently I have 6.4 years experience in Pharmacovigilance Tata Consultancy and I would like to change my domain to Arisg/Argus database technical background process buy learning SQL. Is it a right time for me to move to this domain. What all topics should be learnt in SQL to move to this domain.

Hi sharks,
How is the career growth for a Salesforce developer in the market in near future.

like

Does IBM providing mac books to new hires this year or is this domain specific? Lenovo ka thinkpad chhod k dell Hp b chalega.. macbook ki chah ni hai. Plz batao kya process rehta h.

like

Hello Fishes!
Any idea how long it takes to get a German visa appointment for an EU blue card and dependents? I am based in Chennai and have been trying for 4 weeks, with no luck. I added myself to the waiting list on the 5th of July and have not received any updates since.
Do slots really open up at certain times?
Am supposed to join work by Aug 30th. Please help!

like

Hi Everyone, my YOE is 14 on VMware Products as an Administrative/Consultant/Architect...i have created an Express Entry profile for Canada , still no luck with interviews via Job Bank , LinkedIn and Indeed. I have opted to pay a VISA services firm for marketing my resume and apply for me. Was this a good option ?

My spouse and I need some wills drafted. Does anyone have any recommendations for someone in the Tampa Bay Area? Preferably St. Pete.

like

Huge alimony reform bill - am I alone in having a gut feeling that the new alimony bill will cause more litigation, not less? Looking for experienced lawyer's opinion, maybe who's practiced through such a similarly huge change in a law?

like

Any referrals of banking domain? I have experience for almost 6 years in TCS.

like

Additional Posts in Tax savings

How much rent amount should I pay to get maximum tax deduction?

My Last working date at Wipro is 12th of june 2022, So How tax will be calculated for the financial year 2022-2023. My CTC is 8.4L
I will be working only 3 months for this financial year and in April month payslip i can see 6K deducted for tax and in the IT projection it shows around 30k tax deduction gonna happen. I will be joining another Firm in same june month
Please share how tax is calculated in my case and how to save taxes.

Hi,

Kindly ping me if you need any help for filling up the ITR. I will help you to get maximum return.

Charges applicable.

Thank you

likefunny

Hello fishes, can we buy land/plot to save long term capital gain tax?

My CTC is 21L and i have tax deduction for home loan at 1.5L and icici policy premium at 1.5L
How can i reduce my income tax in what all other investements ? Please guide me

I have a question regarding taxation of joining bonus.

I recieved a joining bonus of 1 lakh from my previous employer in last fiscal year which was taxed.
I resigned from the organisation before completing 1 year... Which will be deducted from my last month salary.
How does taxation works in this case.

like

By investing 50k/annum in NPS I can save 15k tax per year.. Suggest me I should opt for NPS or not?

Hi fishes,

My CTC is around 12 lpa per annum. How can i avail max tax benefits?

like

Any ways to fake lta

likefunny

Can I pay income tax challan using credit card?

How to save tax for the money from freelance work? As i already have a full time job.

like

What are all the ways to save income tax?
CTC 9.8L

Base: 5 lakh
HRA: 2 lakh
Max how much I can exempt with HRA while filing ITR?
I live in my own house. I can pay to my parents in the name of rent.
What are the documents I need to produce?

Hi,

Can we use 10(10AA) leave encashment as tax exemption if we separated from the Job?

Note: corresponding tax paid challan info available in form 16

Thanks

If my company is deducting tax on reimbursements for example relocation, flight travel, mobile usage, etc. Then how to show in tax filing? bcoz as per my understanding it should not be taxable as I am using my money and company is refunding and no extra income. It's like I have already paid once and while refunding company again deducting. Please guide on this issue.

like

Hi Fishers,

DM me if anybody want to file ITR for last year, I will help you get good refund amount for whatever tax paid or deducted from salary during the financial year.

Anyone from tax can help me on some tax related queries.

Q1-Can I claim LTA and LTA cash voucher both for the current Block?
Q2- In LTA cash voucher scheme i have a total expenditure of only 50K approx so how much can i get as saving for Tax?
Q3 How the above 2 can be claimed during ITR filing?

I have more Questions but if we get replies on these we can discuss further.
This can help everyone

Can I make rental agreement as paying rent to my dad for tax savings .. I would like to mention 46k per month as rent .. Please help .

likehelpful

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal