LOSS ON HOUSE PROPERTY

Last post 06-23-2011 12:06 PM by alapati17. 1 replies.
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  • 06-23-2011 9:35 AM

    • KPKAMAT
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    • Joined on 06-23-2011
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    • Points 20

    LOSS ON HOUSE PROPERTY

    WHERE TO MENTION LOSS ON HOUSE PROPERTY
    • Post Points: 20
  • 06-23-2011 12:06 PM In reply to

    Re: LOSS ON HOUSE PROPERTY

     Hello,

        

    Generally loss from house property occurs due to higher interest payment than the rental income.To enter the details of loss while filing the return with tayogi you need to make sure that the income from house property is checked. On reaching the income from house property page enter your house property details if you interest payment is more than the rental income, it will automatically shows negative income which is nothing but loss.Remember, a loss from house property can be set off against any other sources of income 

        

     With Regards!!!!

     

    • Post Points: 5
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