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kailas s

Category : How to s..,
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July 26, 2018 10:34 pm
I made my ITR submitted and verified, now its found that i have not shown HRA deduction in page 4 of ITR 1. But, i deduct ed HRA from my Gross total amount initially.. is it a mistake...if so, how to refile my ITR
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Samik Das
You can file revise return by visiting the e-filing page. Mind to select sec 139(5) and you need to mention the e-filing reference and date of original return.
  • July 27, 2018
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Amlan Dutta
It would be same thing i.e if gross was say x and you have reduced gross by eligible HRA exemption then when you compute non exempt allowances , then the value of non exempt allowances will automatically factor in the HRA exemption and there should be no problem .....please select query category pro...
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  • July 27, 2018
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Ashok Yadav

Category : How to s..,
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July 19, 2018 1:03 am
Where should I show HRA in ITR.
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Amlan Dutta
Say, your annual HRA is 100 Rs of which 80 Rs is exempt and 20 Rs is taxable
(This is just for simplicity...Normal HRA figures will never be like this) .......

(I) Taxable HRA : So, you will show taxable HRA under non exempt allowance in the return ( Note, taxable HRA is not shown separately .....
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  • July 19, 2018
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Ashok Yadav
Thanks
  • July 19, 2018
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PANKAJ SHUKLA

Category : How to s..,
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May 15, 2018 11:39 am
Dear Sir,
Where to show HRA in ITR 1 for ay 2018-19
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Amlan Dutta
Say, you get HRA 10,000 Rs per month of which 2000 is exempt and 8000 is taxable income. You will show 2000 Rs in exempt income reporting schedule For ...
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Say, you get HRA 10,000 Rs per month of which 2000 is exempt and 8000 is taxable income. You will show 2000 Rs in exempt income reporting schedule For non exempt i.e taxable portion you cannot show just one non exempt allowance separately ... <br /> Process to do it is as follows - you will take form 16 and salary slips ...next figure out 12 month basic salary from payslips ...from form 16 , check gross (point 1a ) and exempt allowances ( Point 2 ) Now, subtract from gross salary basic and exempt allowances What you get is non exempt allowances which comprise taxable HRA(8000) along with all other taxable /partially allowances ie DA, washing etc etc (Check attached pictures on what the process is like while filing of returns)
Say, you get HRA 10,000 Rs per month of which 2000 is exempt and 8000 is taxable income. You will show 2000 Rs in exempt income reporting schedule For non exempt i.e taxable portion you cannot show just one non exempt allowance separately ... <br /> Process to do it is as follows - you will take form 16 and salary slips ...next figure out 12 month basic salary from payslips ...from form 16 , check gross (point 1a ) and exempt allowances ( Point 2 ) Now, subtract from gross salary basic and exempt allowances What you get is non exempt allowances which comprise taxable HRA(8000) along with all other taxable /partially allowances ie DA, washing etc etc (Check attached pictures on what the process is like while filing of returns) +3
  • May 15, 2018
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