Interest on house property claim as deduction section 24

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accountant
409 Points Posted on 07 October 2021
Can I claim my house property loss in itr1 as deduction under section 24
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On 07 October 2021 at 23:16 Report
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Yes, you can claim house property loss as a deduction under Section 24 in ITR1, provided you own only one house property. This deduction specifically applies to the interest paid on a loan taken for that property. Ensure you meet the criteria to successfully claim this deduction.

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790 Points Posted on 07 October 2021
Yes you can claim it in ITR 1 but you should have only 1 house property.
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On 07 October 2021 at 23:52
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Chartered Accountant
24588 Points Posted on 08 October 2021
Deduction u/s 24 is the interest on loan paid for such house
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On 08 October 2021 at 06:07

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