banner_ad

Which itr form ??

ITR 725 views 3 replies

Should an individual use ITR 2 if he is salaried but has loss from house property in order to claim a set off ???

Replies (3)

No. An individual can file ITR-1 for reporting income/loss from 1 house property. In case the individual is having more than 1 house property then he has to file ITR-2. So in your case that individual can claim loss under the head house property by entering the loss amount prefixed with negative sign.

 

Regards,

CA. Ruben Balooni

But when I enter a negative sign for House Property, it shows that u need to use ITR 2 to claim the benefit of set off/ carry fwd. 

Originally posted by : Neha Shenoy

But when I enter a negative sign for House Property, it shows that u need to use ITR 2 to claim the benefit of set off/ carry fwd. 

You need to file ITR-2 in order to claim carry forward and set-off of loss under the head house property.

 

Regards

CA. Ruben Balooni


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details