While filing ITR on Quicko, make sure you enter only your share of the rent & loan amount paid, etc for the co-owned house property.
eg: if you and co-owner split the total rental income of INR 2,00,000 p.a. in that case, you need to enter your share of rent income (50%) i.e. INR 1,00,000 p.a.
Here's how to add house property income:
- Navigate to Incomes > House Property tab
- Click on Add and enter the house property details
- Select Category
- House Property Address
- Enter Loan amount
- Co-Owner details