A query regarding Interest on home loan for ITR?

ITR 1539 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.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details