Urgent
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 July 2016
Dear Sir,
Assessee filing return u/s 44AD and want to take deduction in respect to interest on home loan, then which itr he has to file by him. Itr 4 or itr 4S.
If itr 4S can be used then in which column of itr 4S, the interest amound should be dedcuted from net profit.
Please advise me.
Assessee filing return u/s 44AD and want to take deduction in respect to interest on home loan, then which itr he has to file by him. Itr 4 or itr 4S.
If itr 4S can be used then in which column of itr 4S, the interest amound should be dedcuted from net profit.
Please advise me.
28 July 2016
Interest on housing loan is to be shown as a negative figure in the column 'income from house property'.
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