Interest on an employee's housing loan should be reported in Annexure II of Form 24Q, which is submitted only for the last quarter (Q4) of the financial year. This section details the employee's gross salary, Chapter VI-A deductions, income from house property (including housing loan interest), and overall tax liability.
27 May 2025
Annexure II of Form 24Q is only submitted for the last quarter (Q4) of the financial year (January to March). This annexure provides a comprehensive breakdown of an employee's salary, including: Gross salary Deductions under Chapter VI-A (like Section 80C, 80D, etc.) Income (or admissible loss) from house property, which includes the interest on a housing loan claimed by the employee. Income from other sources (if reported by the employee for TDS purposes). Overall tax liability.