Exemption of HRA

This query is : Resolved

Cavishalgupta (Querist)
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09 July 2007 If in our Form 16, HRA exemption not consider but the HRA is part of our salary package. But we actually paid the rent. Can I myself consider the HRA exemption while calculating my tax liability or we need a revised Form16 from the employer to get the exemption.

1) Please note that we can not take the deduction u/s 80GG since HRA allowance is part of CTC.
2) also it is not practically possible to get revised form 16 because i had already left the same company after doing the 3 months work in the previous year.

SUBRAMANIA SARMA G

SUBRAMANIA SARMA G (Expert)
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11 July 2007 As per the provisions of the IT Act, the responsibility of filing the return of correct income with the IT authorities is that of the individual. Form 16 is only an acknowledgement of the details of the income paid by the employer and also the tax which has been deducted and which can be taken credit of by the assessee. Even if the deductions is not allowed by the employer or wrongly allowed, the same can be claimed by the assessee in his personal return to be filed