Schedule hp (house property) in itr 2
This query is : Resolved
Parth Shah
(Querist)
16 July 2019
One query regarding ITR 2... Does schdule hp (house property) apply to me even if I am having no income from any house(s) owned by me? I mean do I need to declare my house details that I own even if I am making no income from it in Schedule HP of ITR 2?
CA R SEETHARAMAN
(Expert)
16 July 2019
Yes you need to declare your house details that you own even if you are making no income from it in Schedule HP of ITR 2.
16 July 2019
But Sir, here I have a query - if there is no Income / Loss from House Property which is owned by me, what is the need to declare the same in Schedule for House Property. If we left it blank, it may be presumed that there is no Income.
CA R SEETHARAMAN
(Expert)
16 July 2019
Up to two houses you can declare as self occupied. you have to declare income from third house even if it's not let out.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- TDS on purchase of under construction property from a reseller
- Non filing of I T Returns
- UDIN ISSUE
- GST Intimation due to Government took possession of Business Premises under PPE Act
- TDS on Fixed Assets purchased
- SALARY CAN BE CAPITALIZE
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
