Received intimation: Proposed adjustments u/s 143(1)(a) of Income Tax Act, 1961

Save Share

This query is : Resolved

Quick Summary

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.

Prashanth H J

Prashanth H J (Querist)

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.

Thanks and Regards,
Prashanth

Dhirajlal Rambhia

Dhirajlal Rambhia

(Expert)

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.

Prashanth H J

Prashanth H J (Querist)

24 October 2021 Thanks for your help

Dhirajlal Rambhia

Dhirajlal Rambhia

(Expert)

25 October 2021 Most Welcome ..

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