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In which column do i add deduction of home loan interest  ?

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

                 

 

alexipg:

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WHERE TO DEDUCT OSS ON HOUSE PROPERTY (SINGE HOUSE) IN THE TAX RETURN

 

hi chandu1928, I couldn't find any heading called housing income in investmentyogi website. Is taxyogi some other website than I mean. I couldn't find any option like income from rent and loan repayment.

You can post your house property income by selecting 'income from single property' or 'income from multiple property' in the Welcome page after logging into taxes account.