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Regarding hra and conveyance allowance

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Querist : Anonymous

Querist : Anonymous (Querist)

22 July 2013 I HAVE DOWNLOADED ITR 1 FROM THE INCOME TAX INDIA E-FILING AND WANT TO SHOW HRA EXEMPT U/S 10 BUT I AM NOT GETTING THE COLUMN WHERE I SHOULD SHOW THE SAME AND SIMILARLY FOR CONVEYANCE ALLOWANCE.PLEASE TELL ME WHERE SUCH EXEMPTION IS TO BE SHOWN.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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22 July 2013 In ITR-1 , you can show only the taxable salary in row 41 of Income details sheet. that salary after considering all the exempted allowance. so provision for showing the exempted allowance in ITR-1

Ganeshbabu K

Ganeshbabu K (Expert)
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22 July 2013 It will be possible only in ITR2

1)exempted HRA and conveyance allowance can be shown in Schedule S clause 2. and also in shedule EI

2)Please note ITR2 will be mandatory if HRA+CONVEYANCE exceed 5000 as per Notification 34/2013 dated 01.05.2013

Thanks & regards
Ganesh babu k

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