Income from House Property refers to the income earned from the ownership of property,

includes land, buildings, houses, etc.


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

  1. Using Autofill feature

  2. Manually

To add income using Autofill feature

  • Navigate to File > Incomes > Add House Property
  • Tap on Autofill > Continue
  • Select the method to connect with your ITD account > Continue
    • OTP on Aadhar Registered Mobile Number  
    • ITD Portal Credentials
  • Tap on authorize

On successful connection with the ITD, you will see the house property details on the next screen.



To add House Property details Manually

  • Navigate to File 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)