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?
Menu
ITR4 set off HP loss
Replies (4)
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
Recent Threads
- AGM WITH SHORTER NOTICE
- 15CA/15CB Bulk Filing Automation Tool – Need
- GSTR 9 FY 2023-24 LATE FEE
- Should we go under Section 59 of IBC or Section 27
- HUF'S ISSUE
- Gst interest and penalty doubts
- TDS RATE ON RENT FOR NRI
- NBFC costing
- Taxablity of GSLI under Income Tax
- Final new course clarification
Related Threads
CAclubindia
