ITR4 set off HP loss

Hello expert,

while filling ITR4 my self occupied house property loss is 124000 due to home loan interest.

in online ITR4 showing '' maximum loss from house property can be setoff 200000. to avail benefit of carry forward and setoff please use ITR 3/5''

now what should i do? can i proceed further or should shift on ITR3?
Replies (4)
Quick Summary
If you have a loss from your house property due to home loan interest, you can set it off against other income sources. For ITR4 filers, the maximum loss that can be set off is £200,000. Since the user's loss of £124,000 is within this limit, they can proceed with filing ITR4 and claim the set-off.

Since your loss is not exceeding the maximum amount of loss to be set off thus you can file ITR 4 and set off the loss
Ok thank you sir
Your loss is less than 2,00,000/- So, u can use ITR 4 and set off the losses against your other heads of income in ITR.
As your loss from house property is less than 200000/- then you are free to file ITR4 and set off loss

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