ITR1 or ITR2 in case of 1 self occupied and 1 let out property

[saumitra jagtap]

Hi,

I got a question about which ITR to fill for financial year 2018-19.

I own 2 houses one is self occupied and other is let out.

I got home loan interest ion both the houses and rent from let out property.

So which ITR i should fill ? as in ITR-1 there is only one option present to mention type of house property.

and as far as I know ITR-2 is required to be filled only when you have income from 2 or more house properties But I got income from only one property.

Please guide me here.

Thanks.

AI Summary

Choosing the Right ITR Form for FY 2018-19: Multiple Properties and Home Loan Interest Explained An individual inquired about the appropriate Income Tax Return (ITR) form to use for the financial year 2018-19, given they own two properties: one self-occupied and one let out. They receive rental income and have home loan interest on both properties. They noted that ITR-1 allows for only one property type, while ITR-2 is typically for income from multiple properties. They sought guidance on which form to use. A respondent, Dr. Mariappan Govindarajan, asked if the query was resolved, indicating a willingness to provide further assistance if needed.