If a person gets rent from one property 5Lacs and Home loan interest is 15Lacs for ay 2018-19 , there is a loss of 10Lacs, so can he adjust the full loss of 10L agaist other sources say salary or just adjust 2L and carry forward the 8L to next year?
Menu
Home loan interest capped limit
Replies (1)
Correct Just 2 lakhs can be adjusted, remaining c/f upto 8 years to be set off against IFHP
Recent Topics :
- Cash deposited by customer
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
Related Topics :
CAclubindia
