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Adjustments u/s 143(1)(a)/Intimation u/s 143(1)(a)(ii)

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V R PREMCHANDRAN

Others

91 Points Posted on 19 September 2022

To my I.T.R.for A.Y. 2022-23 filed, I've received an intimation from I T Dept., that a deduction of Rs 60000 is disallowed u/s 80GG under chapter VIA, as I've failed to submit Form 10BA within the due date or extended date, asking for my online response in the portal within 30 days. I am staying in a rented accommodation paying a rent of Rs 14000 p.m.by cash, but inadvertently repeated last year's rental amount (lesser than current year) in my I.T.R. Can I file 10BA now with request for condonation of delay, with actual rental amount or the one declared in I.T.R. & will the deduction be allowed; else I've to pay additional 12K as I.T. I'm in 20% slab. I'm a Sr. Citizen.

Replies (5)

Quick Summary

An individual received an intimation from the IT Department disallowing a deduction of Rs 60,000 under Section 80GG due to a missed deadline for submitting Form 10BA. They are seeking advice on whether they can now file Form 10BA with a request for condonation of delay and submit a revised ITR to claim the deduction, or if they must pay the additional tax demanded. The discussion explores the possibility of filing a revised return and the potential acceptance by the CPC.