Hi everyone,
I have a Salary income and paid housing loan interest (house is self occupied). Please let me know which form should be used.
Thanks,
7 Replies
Aditya Maheshwari
(CA in Practice)
(35867 Points)
Replied 01 July 2010
If you have only one house property then ITR - 1 (SARAL - II) to be used.
If u have more than one house property then use ITR - 2 to file return.
C.Balaji
(Learner)
(1867 Points)
Replied 01 July 2010
S. Agree with Aditya sir......
ITR - 1... SARAL II......Only one House Property....
CA. Abhishek K. Pandey
(Manager (Advance))
(901 Points)
Replied 01 July 2010
I think he should use ITR-2 as ITR-1 is used if there is income only under the head Salary.
But, Satish wants (as it seems) to show his income under the head Salary as well as House Property.
Please correct if my concept is wrong.
Satheesh
(Asst. Manager)
(33 Points)
Replied 02 July 2010
Thank you all for your reply! I have only salary income but does not have any income from house property(it is self occupied), I have paid interest and principal on housing loan.
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