Income tax filing
This query is : Resolved
Manoj Sinha
(Querist)
11 July 2018
I have two home:
1. Self occupied: Interest on home loan > 2 lacs
2. Put on rent: Income = 3 lacs, Interest on home loan > 5 lacs
I have two questions:
A. Do I need to file ITR1 or ITR2?
B. How much exemption will I get? Only 2 lacs or 2 + 2 = 4 lacs?
Thank you very much in advance!
Manoj
1. Self occupied: Interest on home loan > 2 lacs
2. Put on rent: Income = 3 lacs, Interest on home loan > 5 lacs
I have two questions:
A. Do I need to file ITR1 or ITR2?
B. How much exemption will I get? Only 2 lacs or 2 + 2 = 4 lacs?
Thank you very much in advance!
Manoj
11 July 2018
1. ITR-2
2. 4,00,000
2. 4,00,000
Manoj Sinha
(Querist)
12 July 2018
Hi sir, but when I put details of both houses in House Property schedule in ITR2 excel utility, it only gives me an exemption of 2,00,000. Do I need to put interest on self occupied property loan in some other schedule? please help.
31 July 2024
https://docs.google.com/document/d/1Y7arwTAboRCtEXW5NXFpQrnBS3FpWG2geTFi5pQQlqo/edit?usp=sharing
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