banner_ad

house loan interest in itr1

Others 271 views 6 replies
User Avatar

accounts
178 Points Posted on 31 December 2018
dear
sir
where to show house loan interest in itr 1
0 Reply Share Follow
On 31 December 2018 at 18:56 Report
Replies (6)
User Avatar

130 Points Posted on 31 December 2018
housing loan interese will comes under section 24.In ITR -1; House property/ interest payable on borrowed capital, We can show in this column.
Reply
On 31 December 2018 at 19:16
User Avatar

181 Points Posted on 31 December 2018
house loan repayment is for deduction u/s 80c and 24b.

principal amt is allowed u/s 80c and interest amt is allowable u/s 24b of house property head. in itr 1 after the complition of salary head there is income from house property in shown in negative or amt show in intt on loan.
Reply
On 31 December 2018 at 19:42
User Avatar

0
96 Points Posted on 31 December 2018
Sir,
In case of self-occupied property then the limit for principal u/s 24[i.e., income from house property]is 2,00,000 lacs
Reply
On 31 December 2018 at 22:05
User Avatar

181 Points Posted on 31 December 2018
there is no limit for principal payment which are allowed u/s 80c but for self occupied property maximum interest is allowed 200000 under sec 24b under house property head
Reply
On 31 December 2018 at 22:13
User Avatar

0
96 Points Posted on 31 December 2018
I agree with Parveen Garu but the limit under sec 80 c is 1,50,000.
Reply
On 31 December 2018 at 22:20
User Avatar

181 Points Posted on 31 December 2018
yes i agree . maximum limit u/c 80cce( 80c+80ccc+80ccd) is 150000/-
Reply
On 31 December 2018 at 22:25


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details