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Declaration of hp

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 July 2017 I am salaried person.. I have purchased a HP value being below 20 lakh. Do I still need to show it in my IT return?
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Ashiwini Ballodia

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Ashiwini Ballodia (Expert)
29 July 2017 No, but you may claim exemption for EMI if paid
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
29 July 2017 Not required to give details in return.
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RAJA P M

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RAJA P M (Expert)
29 July 2017 Don't be show the property in ITR. If you have Housing loan for the property then you can claim the EMI amount (Principle & Interest)
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