Income tax return filing for home loan interest
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 July 2013
Hi friends and experts,
I have a doubt regarding ITR filing.
Actually last year end I bought a home and started paying the interest from February 2013, the interest for 2 months was 15k and then after from April I started paying 25k per month.
While filing ITR, where to add these details, and its not there in my form 16 or in the investment proofs.
And also i have to chose Tax Refundable?
Which ITR form i have to use.
Kindly help me out as Im not aware.
Thank you all
I have a doubt regarding ITR filing.
Actually last year end I bought a home and started paying the interest from February 2013, the interest for 2 months was 15k and then after from April I started paying 25k per month.
While filing ITR, where to add these details, and its not there in my form 16 or in the investment proofs.
And also i have to chose Tax Refundable?
Which ITR form i have to use.
Kindly help me out as Im not aware.
Thank you all
CMA Ramesh Krishnan
(Expert)
25 July 2013
incase you are salaried and claiming one house property loss, then you can file ITR-1.
In the ITR, income details sheet you can mention your House property loss details in the house property income row as negative amount and calculate the tax and claim the refund
In the ITR, income details sheet you can mention your House property loss details in the house property income row as negative amount and calculate the tax and claim the refund
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