Itr 1

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frds

       in itr 1 how to show intrest on house property loan deducted by employer

Replies (5)

SHOW NEGATIVE FIGURE LIKE THIS    -150000

Loan Taken From Employer ???

Interest Paid to Employer.

 

 

siddarth

       intrest is also deducted frm income chargeable under the head salaries in form no16 given by employer.can we show salaries income after deduction of interst in itr 1

ayush

loan is not taken frm employer

dear shiv,

Under head salaries show only income from slaries, show interest under the head salries,

both things are different, do not club it... though it is shown single in form 16 specify separately in ITR

siddarth

                  but in form 16 emplyer not shown sepratly interst he show salary after deducting interest

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