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Interest paid on home loan considered only for CFL : ITR2 for salaried in incometax site

ITR Filing 794 views 2 replies

I am filling ITR2 and i am salaried person with capital gains. I am filing returns in incometax site using online mode. I have 2 houses, both self occupied. I have paid interest on housing loan. However, this results in loss from HP. However this amount is not deducted from total income before salary computation. It shows the whole interest amount as CFL. When we pay interest for home loan in current year , shouldnt it give us benefit by deducting that amount from total income in current year?


Attached File : 2888466 20220814111604 hp loss.jpg downloaded: 63 times
Replies (2)

Are you filing ITR 2 under new tax regime?

File contain screenshot of house property income only.


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