How to use this calculator
- Enter the interest paid in the year, the pre-construction interest and whether the house is let out.
- Choose the property use and the regime to match your situation.
- Read the interest allowed this year and the amount that can be set off against other income in the result.
The cap for self-occupied property and the set-off limit apply per year; confirm the limits for your tax year.
The result is an estimate for the figures you enter. It is not a filed return, a certificate or professional advice. Rates, thresholds and section numbers change with each Finance Act, and the Income-tax Act, 2025 applies from 1 April 2026 with new section and form numbers.
For the related work, see Income tax return (ITR) filing.
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