Any property, including a house, a building, an office, or a warehouse, is considered a house property, where income arises in the form of a rental income or on its sale is referred to as house property income.



There are two ways to add House Property Income on Quicko:

  1. Using Autofill feature
  2. Manually


1. To add income using Autofill feature

(This feature will directly fetch the details of the house property income from the Income Tax portal)

  • In the Filing tab, navigate to Incomes > Add House Property
  • Tap on Autofill > Continue
  • Select the method to connect with your ITD account > Continue



2. To add House Property details Manually

  • In the Filing tab, navigate to Incomes > Add House Property
  • Select the House Property Type applicable to you
  • Enter the required details and tap on Save

You will land on the summary screen once the details have been entered.



Note:
Under the old tax regime, you can claim deduction for interest paid on home loan u/s 80C.  

However, if certain conditions are fulfilled, you can also claim deduction u/s     
   1. 80 EE (First time Home Buyer)     
   2. 80 EEA (For Affordable Housing)