Which itr for salaried person with house property loss

hi friends

in the instance stated below a person is drawing salary. He has also paid interest on loan for house property.

This interest is to be treated as loss on house property.

kindly tell whether ITR 1 or ITR 2 to be used.

 

 

Replies (2)

ITR-01 if u have only one house property  & ITR-02 If more than one house property

Dear Rajesh !

SAHAJ  RETURN FORM   ITR-1

This Return Form is to be used by an individual whose total income for the

assessment year 2012-13 includes:-

(a) Income from Salary/ Pension; or

(b) Income from One House Property (excluding cases where loss is

brought forward from previous years); or

(c) Income from Other Sources (excluding Winning from Lottery and

Income from Race Horses)

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