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PANKAJ SHUKLA

How to show HRA in ITR 1...
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 ...
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)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)
  • May 15, 2018
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