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HRA exemption

Siva Raj (358 Points)

03 March 2021

Dear Sir, HRA exemption ommitted in form-16 issued by the company, whether we can avail exemption while filing of ITR-1 or not.

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7 Replies

CA. Sourav Sarkar (Chartered Accountant ) (24578 Points)
Replied 03 March 2021

Yes you can avail but please ask your employer to include HRA in form 16

Siva Raj (358 Points)
Replied 03 March 2021

Form 16 already issued then how

CA. Sourav Sarkar (Chartered Accountant ) (24578 Points)
Replied 04 March 2021

Then ask your employer to include hra and issue a new form 16

Kapadia Pravin (17249 Points)
Replied 04 March 2021

Request your employer to issue modified Form 16 to you. Employer will issue otherwise he will face short TDS deduction query.

Naveen (student) (334 Points)
Replied 04 March 2021

Hii Kapadia Pravin. Plse correct me if I am wrong.
I think the issue here is HRA exemption is allowed or omited in Employer issued Form 16 to the Employee. If HRA exemption is omited, then taxable salary will increase and TDS deductible on such increased salary will also increase and automatically that Employer would deduct high TDS. So there is no question of short TDS deduction here and obviously he deducted more TDS than he is required to

Siva Raj (358 Points)
Replied 04 March 2021

Naveen Sir you are absolutely correct. it pertains to A.y.2019-20

Naveen (student) (334 Points)
Replied 04 March 2021

Thanks bro. But if it pertains to AY 2019-20 we can't revise the return and claim HRA now as the last date was 30th Nov 2020. We can only revise for AY 2019-20 if we receive some intimation from the IT department. I'm sorry. Now We can only revise if it relates to AY 2020-21