Help regarding 24q prepation for fy 2017-18

472 views
User Avatar

MBA
90 Points Posted on 22 May 2018

DEAR SIR, I AM PREPARING TDS FUV. FILE IN RPU FOR QUATER 4 SALARY. THE FOLLOWING DETAILS ARE THE SALARY STRUCTURE OF MY BOSS.

GROSS SALARY- RS.11,77,200/-

LIC+EPF=1,50,000/-

HOUSING LOAN INTEREST PAID TO BANK FOR F.Y. 2017-18=RS. 3,13,379/-

NOW MY QUESTION IS 1) HOW MUCH HOUSING LOAN INTEREST CAN BE CLAIMED?

2) WHERE TO MENTION THE HOUSING LOAN INTEREST AMOUNT IN ANNEXURE II OF 24Q?

0 Reply Share Follow Topic
On 22 May 2018 at 19:33 Report
Replies (6)
User Avatar

5751 Points Posted on 22 May 2018
if it's self occupied, 200000 can be claimed and the rest can be carried forward
if it's let out, entire interest amount can be claimed as deduction
Reply
On 22 May 2018 at 21:02
User Avatar

TDS Preparer
968 Points Posted on 22 May 2018
Interest has to be mentioned under income from house property and the principal amount should be entered under 80c. Further if the loan is sanctioned during FY 2016-17 excess 50000 of interest can be shown under 80ee
2 Reply
On 22 May 2018 at 21:19
User Avatar

Practicing Chartered Accountant
850 Points Posted on 22 May 2018
Yes rightly stated above... Interest depends on property is self occupied or let out and will be shown under income from house property.
Reply
On 22 May 2018 at 21:34
User Avatar

MBA
90 Points Posted on 22 May 2018

THANKS ALL. I AM PREPARING 24Q RPU.. WHERE TO MENTION THIS AMOUNT IN ANNEXURE II? I AM CONFUSED..WHETHER THE AMOUNT SHOULD BE MENTIONED IN ANNEXURE II OR NOT?

Reply
On 22 May 2018 at 21:38
User Avatar

5751 Points Posted on 22 May 2018
could you please WhatsApp to 9445955357
Reply
On 22 May 2018 at 21:44
User Avatar

MBA
90 Points Posted on 22 May 2018

OK I WILL WHATSAPP YOU.

Reply
On 22 May 2018 at 21:51

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Police Bandobost and GST Invoice
  2. Understanding where manual effort goes in audit wo
  3. Scanned purchase bills to Tally XML with GST check
  4. TDS applicability of foreign remittance to Oracle
  5. GSTR 9 LATE FEE
  6. Best Online Mock Test Series for CA Inter January
  7. COST OF IMPROVEMENT
  8. Pillows and Mattresses
  9. GST Applicability for Reg. / Un-Reg. Indian custom
  10. Amended GST Act & Rules

More recent discussions | Post

Related Topics :

Loading

Latest Job Openings

View all
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details