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Question ID : 21112

Loss from House Property

An asessee has taken Housing loan around 5 years back for purchasing a flat. He is paying interest for last few years before registration of flat. During 2022-23 FY Registration was done and he got posession. Registation charges around 4 lacs were incurred. As there is no rent received This amount of 4 Lacs will result in Loss on housing property
Can he carry forward Rs 150000- Loss on house property and adjust it from Short term Capital gain during 2023-24 FY.
Flat has been sold in 2023-24 FY and will be transferred shortly. Some principal amount payment has also taken place during 2022-23 FY

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Posted by Mahesh Kumar on Jun 26, 2023
Filed Under DIRECT TAXES

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