A client received an email from the Income Tax department requesting verification of exemption claims for AY 2023-24, specifically concerning HRA. While the email details match the client's Form 16, no corresponding notice appears on the Income Tax portal. The query also raises concerns about claiming HRA exemption without deducting TDS when rent exceeds Rs. 50,000 per month and whether this error can be rectified.
One of my client has received a mail with the above subject line from Income Tax. While verifying it after logging into Income tax site there is no such notice. The amounts shown in the email are correct for HRA Exemption taken in Form 16 and while filing the return.
My query is if the rent amount per month is more than Rs. 50,000/- and the person has not deducted any TDS on the rent amount paid and claimed the exemption in his Form 16, then is there a way to rectify the error. The client has filed his return of income under Old Tax Regime.