Archived; click post to view.
Excerpt: I am Punjab Govt Employee and have availed housing loan from HDFC bank. In the new Income Tax Return Form No. ” ITR 1 ” , I cant find any space for getting rebate under section 24 for interest on housing loan. Kindly tell me where to fill this amount. tirath1960@yahoo.comHow to show interest on borrowed capital (Deduction u/s 24(b) in new Income Tax Return Form 2007-08 (ITR 1)? dileepkb@rediffmail.comFirst of all , it should be understood that anyone who has income from house property or loss from house property, can not file return ITR-1 . The ITR -1 is…
