Which it to be filled

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mangesh kurup (Querist)
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16 June 2016 I am salaried person. Home loan is for deemed let out / let out property and claiming HRA apart from other savings. Please let mw know which ITR form to be filled?

Rupesh Jain

Rupesh Jain (Expert)
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16 June 2016 you can file ITR-1 for the house property income with salary income......

mangesh kurup

mangesh kurup (Querist)
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16 June 2016 Thanks a lot. I was having confusion.

One more question - this is for my friend - he has got two houses whose construction started at different times, but he will be getting possession of both almost together. For one he has taken a home loan of 85lac and for other he has taken loan of 15 lac. How shall he proceed while claiming tax benefit? first one is in co-ownership with wife.

Rupesh Jain

Rupesh Jain (Expert)
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16 June 2016 on one house you take as deemed to let out as use wish. and co-owership will 50% -50% house will be taxable in both hand.

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