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Section 44ada

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I filed my return under section 44ADA, and shown loss on house property.

I received below mentioned notice under Incorrect Claim u/s 143(1)(a)(ii)

 

"The claim of set off of current year loss shown in part -BTI is not consistent with the loss computed in the schedules of the corresponding heads of Income OR the priority of set off of the current year loss is not consistent with the provisions of the Act."

In further column

Amount in ITR -0

Amount as computed- 154334

Variance-154334

 

Can someone help in understanding this, 

1. Did I make any clarical/arithmatic mistake in filing my return.

2. Or Loss from House property is allowed to be duducted u/s 44ADA.

 

Kindly help.

 

Thanks and Regards

Anuj Mehta

 

 

Replies (3)

You can Opt ITR 3 only

Yes.... I agreed to Mr Sarath Rajendran.
definitely you can show house property loss in itr 4. may be you made other erithmetic mistake as mentioned in 143(1). kindly resolved accordingly


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