Itr-1/itr-2 for a salaried person with home loan

Mayuri,

you have to fill up ITR 1...if you have only one house. however, if you have more than one Houses in your name, then you have to file ITR 2.

the interest amount will come as a negative figure in the coloumn Income from House Property. it is the coloumn after income from salary

Mayuri,

also you will get a deduction for the principal componenet that you have repaid. this deduction will be allowed under section 80C upto a maximum of Rs. 1,00,000

In case of loss from house property u should fie itr2.

refer this link:

/forum/details.asp?mod_id=256729

Details of the property and loan will have to be filled in the ITR - whether it is singly owned or co-owned.

Mayuri,

ITR 1 cannot be filled up only if you are having a loss brought froward from the previous year.  This is not so the situation in your case

According to me, you can go ahead and file ITR 1. anb enter the interest amount as a negative figure in the Income From HP Coloumn

Thanks Mihir,

I have no loss from the house and I just wanted to claim examption on interest part of house loan so which column of ITR-1 will have details of property and loan?

in the income from HP...enter the interest figure as a negative amount

you are welcome..if you have any further queries..you can ask

i cant understand plz tell me aboubt which columan i claim home loan interest in itr2

plz ans give me , i  m salaried person bt mera housing loan chal rha h nd uska housing loan ka interst itr 1 m fill kru ya nhi plz reply me

plz give me suggestion, i m salaried person , bt mera housing loan chal rha h th m itr 1 fill kru? agar kru th  loan ka inerst amount fill kru?