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A query regarding Interest on home loan for ITR?

ITR Filing 1552 views 3 replies

Where should interest on housing loan be shown in ITR 2 ?

Dear Sirs/Madams

As we know about repayment of repayment of housing loan can claim in u/s 80C? but tell me how can claim the Paid Interest on housing loan in ITR-2 ( For Individual )? Everyone says to me u can claim the Interest on housing loan in column of Ineterest on capital borrowed in HP sheet of ITR-2? Tell me, Is right answer....but i have already done it & after that I didn't find any tax deduction effects in tax payble column...........Plzzzzzz Sirs/Madams help me....em in trouble....!

Best Regards

Naveen Sethi

Replies (3)

PLz Help me........!

To obtain the deduction in tax, check that you have uploaded the property details highlighted in red in ITR House Property sheet.

Claim the deduction in column stating Interest payable on borrowed capital. Later calculate the tax.

Thanks Abhijeet ji.....now my query has been solved........you r absolutly rite......yeah earlier i had not mentioned the property details highlighted in red in ITR House Property sheet.


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