Hi,
I am a salaried employee. I have a home loan against my newly purchased flat.
While filing income tax return, which ITR form I should be using in order to get the tax benefit for the interest component of my home loan?
Kind Regards,
Vasudev
Vasudev (Consultant) (28 Points)
29 June 2010Hi,
I am a salaried employee. I have a home loan against my newly purchased flat.
While filing income tax return, which ITR form I should be using in order to get the tax benefit for the interest component of my home loan?
Kind Regards,
Vasudev
chandra sekaran
(chartered accountant)
(44 Points)
Replied 29 June 2010
For the A.Y.2010-11, ITR-1 Saral II, provided you have only one house, Otherwise ITR-2 provided you should have NO business income in order to file your return in ITR -2.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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