Where to show house loan interest in form 16?

Question

Where to show house loan interest in form 16?

Answer 1

For house loan deduction, read

http://mytaxes.in/index.php?topic=9.0

Answer 2

There is a separate head as "Any other Income reported by the Employee".

Any other income other than salary can be shown there.

Since Interest on House is a expense which can be claimed back, it can be shown under "Any other Income reported by the Employee". as a minus figure

For tax related queries

http://calculatetax.blogspot.com/

http://taxation-suchithra.blogspot.com/