HP Loss

309 views 9 replies
FY 2021-22 ( AY 2022-23 ) ka return file kia tha jisme HP Loss around 1.36L hai and CYLA me bhi wo loss aaya tha but after filing of ITR HP Head me Loss 0 ho gaya but CYLA me wo 1.36L show kr rhaa

now notice issue hua hai and as per IT wo loss consider nai kia and demand notice issue kar dia

what to do now ?
Replies (9)
Check the carry forward table of losses
Carry fwd of losses ke table me dikh raha but due to some issue or mistake IFHP me capture nhi hua h
Might be Income from HP is zero instead of negative
Actually its interest on home loan of current year
Was it adjusted against any other sources of income?
No there are only 2 heads of income one is PGBP and second is HP loss
Loss from house property would have set off against business income and that is why it should have been shown as zero
But in that it should have a negative balance Loss from HP
Contact near by tax consultant and recheck once

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details