Hra not exempted in form 16 by employer

Dear Atulb,

YOu can claim the deduction of HRA and all other investments, not shown in form 16. there is no problem at all in claiming extra deductions while filing ITR. It may be possible that few deductions were omitted during generating form 16, but you can claim them at the time of filing ITR.

generally T.D.S on salary will be calculated based on information given by you i.e Income from all other sorurces and 80C deductions and even income from other employees also.so it does not matter for u even though T.D.S is deducted at higher rate as they did not consider H.R.A.while filing ur ITR ,u need to claim exemption regarding H.R.A wheather ur employer consider it at time of deduction of  T.D.S.

TDS is nothing just like advance,how u adjust ur advance against final liability u should adjust T.D.S against ur income tax payable.here FINAL LIABILITY is computation of tax as per ur relevant liability

correct me if i anm wrong

you are absolutely right nuli swami. tax liability is finalised at the time of ITR filing.

Can u help me wch form ITR1 or ITR 2 ( and how which sheets ) shud i use to correct the HRA amount which has not been considered by my previous employer in preparation of Form 16. 

Thanks

 I was employed with 02 employers in FY 13-14.
    However, by while calculating IT & as per form 16 HRA deduction has not been considered.
    Though tax deducted overall by 02 employers is less than my liability, I intend paying balance tax as self assessment tax with taking HRA in consideration
    Can I claim this deduction while filing ITR & how?
    Which form to use ITR I or II
Regards

Neeraj

dear neeraj & ankit, both of u cn file ITR 1 and claim all d deductions, nt claimed in form 16. self assessment tax is also claimed in it.

I shifted to new employer in the month of march and I didn't submit house rent receipt for march month. As per your discussion, I came to know that I can avail tax examption for HRA. 

But my question is that, Do I need to submit rent receipt to Tax Department as attachment with ITR-1 and post it to IT department?

I shifted to new employer in the month of august 2014 and I didn't submit house rent receipt and medical bills from april 2014 to july 2014 months to employer. As per your discussion, I came to know that I can avail tax examption for HRA.  But my question is that, how to fill ITR-1 to exempt from hra and Do I need to submit rent receipt and medical bills to Tax Department as attachment with ITR-1 and post it to IT department? 

 

I am Sanjay Gurao, I calculated salary as per employees orealy communication of Rs. 340000/- ie. 150000/- Housing loan Priciple 150000/- Housing loan interest 40000/- Medical claim deduction and remaining tax on taxeble income paid by me. but employee refuse to documention abovesaid their saving and he want form 16 withot proof of income in that case what I do please clarrify 

Thanking in anticipation.