How to show this in computation

Income from Salary    Rs.1,60,500/-

1.INCOME FROM SALARY:

   Net Salary                                                                                 1,60,500

2.INCOME FROM HOUSE PROPERTY:

    Self occupied House(NAV)                     NIL

    Less: Int.on Hsg.Loan                       1,32,000                           (1,32,000)

                                                            ---------                           ------------

                                               Gross Total Income                            27,500

Less:Deductions Under Chapter VI A

           U/s 80 C                                                                               22,040

                                                                                                        -------

                                                  Net Taxable Income                        5,460 

                                                              Tax on above                       NIL

                                                                                                       =====

Yes Mr. Mukesh Dashrath Sir & Darshu r true provided the following assumption is made:

1) House Property for which the loan has been taken is self-occupied and the loan has been taken after 1.4.1999 and the loan is for construction of the property & not for repairs. (U can refer 2 the illustrations in the PCC Study Mat).

Thanks for this but can you tell me that in what ITR we fill for filing the return as per above situation
 

yes Darshu is right.

it will be treated like the computation prepared by darshu.

ITR 2 is used in above.....