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.
Menu
Which itr for salaried person with house property loss
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)
Recent Threads
- LTCG Tax & Indexation on Debt Mutual Funds Sol
- Section 45(5A) and 194IC with carry forward of tds
- Paid tax amount, CIN generated and challan downloa
- INTRADAY INCOME PRESUMPTIVE INCOME
- Clarification on Deemed Export Status for EOU-to-E
- LTCG Tax on property
- Short term gain in itr2, missing 111A
- Errors in ITR Filing: Minimum One Character Requir
- Which ITR Opt
- Employer Details for NRI
Related Threads
CAclubindia
