If you've received an intimation notice regarding your HRA exemption under Section 10(13A) of the Income Tax Act, it's likely due to a discrepancy between your claimed exemption and the permissible limit. The tax department may have recomputed your exempt HRA based on 50% of basic salary plus DA or the actual HRA received, whichever is lower. You'll need to provide justification for your HRA claim, including rent receipts and bank statements, to support your return.
22 October 2021
I have filled the ITR 2 HRA according to my Form 16. But I get an intimation
Schedule: Schedule Salary Error Description: Exempt Allowance Sec 10(13A) is more than minimum of :a) 50% of (Basic + DA) orb) HRA .Hence amount exempt u/s 10(13A) is recomputed accordingly. In Income Tax Return: X/- Amount in ₹ As Computed: 0 Variance: X/-
What shall I do in this case? Shall I just mark it as "Disagree" and inform that the provided HRA Amount is according to Form 16? Please help.
22 October 2021
You need to provide justification for your claim of deduction under HRA. Provide the details of calculation for HRA claim along with rent receipts, bank statement etc. as proof.