House property negative income
This query is : Resolved
Masum Sottany
(Querist)
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.
Masum Sottany
(Querist)
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.
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.
Masum Sottany
(Querist)
22 July 2013
thanks a lot for your support.
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