Itr urgent

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 July 2012 My assesee details are like
Female below 60years and Status individual
details of income
income from salary-84000
income from tution-100800
Total=184800

interest paid on housing loan total in ay 2012-12 is Rs 111675.
My question is which itr form is to be filled and how to show interest 1. as a loss from house property. 2.as a deduction under sec80

SANYAM ARORA

SANYAM ARORA (Expert)
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30 July 2012 ITR -2 will be appliclable and you need to show as a deduction u/s 24

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Querist : Anonymous

Querist : Anonymous (Querist)

30 July 2012 But under 80 c only principal amount is deductible and interest is deductible under House property head.am i right sir????
and thanks in advance...

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CA BHARATH KUMAR

CA BHARATH KUMAR (Expert)
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30 July 2012 yes interest will claim U/s 24 b. house property income. and principal amount claim under sec 80c

SANYAM ARORA

SANYAM ARORA (Expert)
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30 July 2012 Yes you are very right I thought its repayment of housing loan...and for interest payment you will get deduction under head House property