Itr1 or itr2 and taxable amount

lalit (Asstt Mger) (38 Points)

28 July 2014  

Dear All,

Currently I am leaving in rented house and my own house is rented to someone.

Please let me know, the income amount from rent is taxable income? For your knowledge the own house has home loan.

Also please let me know the ITR form required if rent is taxable.

Regards and Thanks in Advance