In Sugam ITR-4 where to taken deduction under section 24(b)
Interest on Home loan.
4 Replies
Poltu Ghosh
(Job)
(1865 Points)
Replied 11 July 2017
Net income from house property is required to be reported. If the interest on home loan is the 'Income from House Property' then put the same in the field of same name but in negative.
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 11 July 2017
| Originally posted by : Kiran. S | ||
 |
In Sugam ITR-4 where to taken deduction under section 24(b) Interest on Home loan. |
 |
You can Deduct Home loan Interest in "PART C - DEDUCTIONS AND TAXABLE TOTAL INCOME" under 80EE,
and Housing Loan repayment in "PART C - DEDUCTIONS AND TAXABLE TOTAL INCOME" under 80C
Poltu Ghosh
(Job)
(1865 Points)
Replied 11 July 2017
But sir 80ee and home loan interest is with rider
Kiran. S
(CTO)
(745 Points)
Replied 12 July 2017
The comments on that cell (callout ) clearly says take negative.
Thanks 80EE is for first home buyers apart from 2 lakhs
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