payment of IT under self asst

Balaji K S (AUDIT ASST) (92 Points)

12 March 2009  

i am applying for a home loan now and the banker required me to show my income to be near Rs.1.5 lacks.

so i am  planing to file my return for asst years 07-08 and 08-09 now to show my income as so

for that i ill have to show some income both under salaries and house prop.

income alone i can manage to Rs. 1.5 lacks and pay the tax on that as i dont have any deduction u/s 80.

 I wanted to know whether that ill make any problem for me?