Skip to content
Free Indian Tools

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