House property negative income


This query is : Resolved 

22 July 2013 If a person is having only one house property. It is self occupied. Income from such property is negative. So which ITR must be filed for such situation ? Is there any issues if one files ITR-1 ?

22 July 2013 No in cse if loss is there from house property the u need to file ITR-2 only.

22 July 2013 But i have filed ITR-1 with using negative sign in income from house property and my refund amount is also zero. Other than that i have just salary income. Should i revise ITR ?

22 July 2013 refer this link for more details:

https://www.caclubindia.com/forum/details.asp?mod_id=256729

if u want the loss from house property to be set off next year then u should revise return now.

22 July 2013 thanks a lot for your support.


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