Hra exemption in itr forms

Save Share

This query is : Resolved

Bhavik (Querist)
Follow

20 July 2012 Hello, I need to show HRA proofs as I am planning to file IT returns. I don't see any fields for section 10 under ITR 1 form. Can anyone suggest how to do it??

CA Amit Jaiswal

CA Amit Jaiswal (Expert)
Follow

20 July 2012 You need to show the proofs to your employer.

Further, this is to be shown as Allowances exempt under section 10 in the ITR

Message likes : 1 times

Bhavik

Bhavik (Querist)
Follow

20 July 2012 Now what's the point in showing proof to employer since I already got form 16.. Now I am planning to file IT return and through that I want to claim for HRA but I don't see section in ITR 1 excel utility..

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

20 July 2012 In ITR -1 there is no space for showing the allowance exemption, just you need to calculate your allowance exemption in your tax computation sheet and based on the tax computation just you need to fill the taxable salary only in the ITR -1 form. you need to keep the tax computation along with HRA & other proofs and need to submit on demand of Assessing officer at the time of Assessment only.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now