loss from H.P. (SARAL-II)

This query is : Resolved 

04 June 2010 If a salaried person is having loss from House Property in the form of INTEREST ON HOUSING LOAN,

CAN HE USE SARAL-II (ITR-1) by showing the interest amount in Point no. 2 of SARAL-II

i.e: Income chargeable under head "house property' (enter -ve sign in case of loss, if any)

04 June 2010 Hi john....

yes...but only for one house property....
for more than one house property u need to file ITR-2

Rohin



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