Income tax return filling

This query is : Resolved

d sridhar (Querist)
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28 June 2013 Dear sir,

thank you for your advice, i have received statement from hdfc that principal component , interest component and pre-emi interest component, all the 3 component i am eligible. I have return fill in ITR1 or ITR2
please advice me.

dsridhar

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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28 June 2013 Interest eligible for deduction u/s 24b as house property loss. If the house is self occupied maximum deduction Rs.1.50 lakh, if let out then actual interest

Principal eligible under sec.80C up to Rs.1 Lakh

Pre emi interest can be claimed in 5 equal installment

in case you are having Salary income with one house property (self occupied) then you can file ITR-1, otherwise ITR-2

Incase you have business income also then ITR 4

d sridhar

d sridhar (Querist)
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05 July 2013 sir
i filed income tax e-returns. house is self occupied, do we need to send any bank interest paid documents....??

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CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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05 July 2013 No need to send or attache any documents while efiling and manual filing,. it need to be submitted when assessing officer demand during assessment