way to enter in the taxyogi
choose income from rent and loan repayment under the head housing income
if house is self occoupied
you can claim interest paid/payable as deduction under section 24 (b) of income tax act to a maximum of RS.1,50,000
if house is letout
you can claim the total interst paid/payable as deduction with out any limit u/s 24(b) of income tax act.
note : interest on pre-construction period is allowed as deduction in FIVE equall annual instalments