Interest on housing loan of an employee in 24Q of TDS return

Save Share

This query is : Resolved

Quick Summary

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.

SREE MADHAVI Boppana

SREE MADHAVI Boppana (Querist)

26 May 2025 where to represent interest on housing loan of an employee in 24Q of TDS return

Dhirajlal Rambhia

Dhirajlal Rambhia

(Expert)

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.

Dhirajlal Rambhia

Dhirajlal Rambhia

(Expert)

28 September 2025 Good luck.....

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now