04 November 2021
I have filed my income tax where I had Rs 11000 medical insurance premium under section 80D. This amount is also present in the Form 16 issued by the employer. However post processing I have been issued a intimation under 143 which does not give credit for the Rs 11000 and subsequently an additional demand has been raised. I have two questions A) what is the reason why this credit for medical insurance has not been given even after it being declared in the Form 16 B) what should I do next.
05 November 2021
1. It is technical fault in processing. Many of our client have the same issue. Schedule D is missing in pdf file, while same exists in Jason!! 2. When rectification window opens, file rectification request.
06 November 2021
You can only check whether the 'schedule D' was properly filed. & the claims are justifiable with evidences. Being technical issue (with many filers during same period) it will get rectified, as soon as the system is fully operational. You need to wait for rectification window to be opened.