Lohp - second home - interest loss carry forward

1. It is auto calculated, when you fill interest paid for the property under schedule HP.

2. Yes, it is allowed

3. Depends upon previous year data available with employer.

Thank you Sir,

Also  please clarify, carryforward above 2Lakhs LOHP is allowed for second home.

Yes, carry forward of excess loss from head "Income From House Property"' after set off upto 2 lakhs from other heads of income; is allowed for adjustment against future income from same head of income upto 8 years.

It is not just for second home or first home; but fom aggregate loss from the head.

Sir,

I have 35000 from house property loss from previous year (BFLA).  I  have specified this amount in ITR2 - CFL sheet in 2018-19.

However this is not appearing in  CYLA/BFLA & this sheet is not editable.

1. Is it not appearing in BFLA, since I have  already have entered house property loss(interest) of 1.2 Lakhs in current year.?

2.So should I carry forward this 35K in CFL for this year as well, and whenever I have any income from HP, in any future year, then only I could set off this HP BFL of 35K.

3.Hope this would happen once I have paid my housing loan interest & have rental income only, resulting in +ve amount.

4. Also income from selling home also will not appear in 'house property sheet', to set off this 35K BFL.