hello Frnds,
I have one query. I have forgotten to claim the HRA tax exemption in the previous year (2011-2012).
Can i claim it now in this financial year ?
if yes, then request all to please suggest me how to do it.
Best Regards,
Kishor.
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Hra exemption for previous year
Replies (2)
Dear Friend,
According to section 10(13A),
HRA exemption can be claimed only in the year it has been occure and hence cannot be carry forwarded.
Hence you cannot claim HRA deduction.
Alternative 1
if u have not claimed ur hra exemption and not filled ur return for previous year then u can take benifit of deduction under 80gg
note u can take benifit of this section only when ur employer is not giving u hra allowance
Alternative 2
if company agrees to revise its tds on salary return then after revision of tds return you can take benifit of hra exemption
but normally company do not agree to revise tds return until and unless its there fault
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