Yes.
You are allowed to consider the loss from house against salary but you can adjust such loss up to two lacs only.
Further, you can take into the account the loss under house property for the calculation of TDS on salary up to prescribed limit i.e 2 lacs.
Please mark your satisfactory level...
My Dear ,
I thank you for marking the answer as satisfactory.
I have noted.
It will be very nice and helpful to our other members (and the answerer too) if you mark your satisfaction level on the grade scale below.
Please feel free to mark any point. I don't share it with anyone. I use it for doing my internal calculations only. I use these calculations to evaluate the service performance of the relevant virtuoso.
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Thank you,
Yours sincerely,
Anu, Thakurani's bestie
