on 10-16-2015 1:27 PM
We gave input values in Final lettable value and Ded. interest u/s 24 under wholly let out property in IT0584 ,system is generating deduction under any other income, but we are not getting correct amount.
Calculation
Final lettable value or Net Annual value | 29000 |
LessStandard deduction 30% on NAV | 8700 |
20300 | |
Interest on loan | 205888 |
Income | -185588 |
But system in giving income gain or losst Rs. 176888/- .
Difference between amount calculated outside and by the system is Rs.8700/-
Like to know where we are going wrong or need to change any system configuration.
Can you send a screenshot of all data in IT 584?
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