Question ID :
44506
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
Posted by
Mahesh Kumar
on
Jun 26, 2023
Filed Under
DIRECT TAXES
you can not claim registration charges as loss from house property. rather you can book these expenses while calculation capital gain.
Posted by
SHUBHAM SONI on
Jul 01, 2023