Tax · Free tool
Income From House Property
For self-occupied: NAV is zero, deduct home loan interest up to ₹2 lakh under section 24(b). For let-out: rent − municipal taxes = NAV, then 30% standard deduction + full interest. Loss capped at ₹2 lakh for set-off against other heads.
₹1,80,000
Capped at ₹2 lakh for self-occupied.
Income / (Loss) from house property
-₹1,80,000
NAV₹0
Standard deduction (30%)₹0
Interest deduction₹1,80,000