I am staying in a flat in mumbai with my parents and i am paying rent to them on monthly basis. I have already booked a flat in mumbai around 2 years ago and it will be available for possession in few months. My loan has already started and i am paying 34000 p.m as loan installment. I wanted to know can i claim both HRA and Housing loan. I have read other articles but kind of confuse. My questions are: In my case, can i claim both HRA and Housing Loan? If yes, can you point me to a proper act, since my senior HR needs reference for the same. How much maximum Principal and Interest on housing loan can be claimed? My housing installment per month is 34000k I have not claimed the interest and principal for housing loan for last year, can i claim this year? I am claiming 18k as monthly rent as part of HRA.