Salary and income from other sources

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

29 September 2014 if a salaried person having income from salary and income from interest (income from other sources ) have paid interest on housing loan ,whether loss from house property can set of income from salary or income from other sources.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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30 September 2014 it can be set of accounting both salary and income from house property

Querist : Anonymous

Querist : Anonymous (Querist)

30 September 2014 nikhil sir loss from house property due to interest is can be carried forward.

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Nikhil Kaushik

Nikhil Kaushik (Expert)
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30 September 2014 absolutely it can be carried forward...and please note that loss under house property will invariably on account of interest :)

Querist : Anonymous

Querist : Anonymous (Querist)

01 October 2014 but sir most important point is that i have mot mention in the above query ====
when is house used as self occupied and interest paid on the said self occupied property is also can avail loss of house property,