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Confusion about Section 24(b)

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Kuldeep Singh

217 Points Posted on 01 July 2023

I am paying 1,40,00 interest annually on home loan.

and showing section 24(b) in employer tax sheet.

But employer'CA is showing my home loan interest entry in "section 192(2B) : In come from house property"

Form16. But when i am filling online ITR then autofilled entry showing in Section 80EEA. How can i change my entry from 80EEA to 24(B) in online ITR?

*Word of section 24(b) is neither in form16 nor in online ITR* , why income tax department not providing this section ?

Replies (4)

Quick Summary

A user is experiencing confusion regarding the reporting of home loan interest on their tax return. While they pay interest annually and see Section 24(b) mentioned by their employer, their Form 16 shows this interest under 'Income from house property' (Section 192(2B)). Furthermore, the online ITR automatically populates this under Section 80EEA. The user seeks guidance on how to correct this discrepancy and ensure the interest is accurately reflected under Section 24(b), as this specific section is not appearing in their Form 16 or the online ITR.