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Itr 1

Bhaskar (Accounts Executive ) (91 Points)

16 July 2018  

Dear Sir,

While filling the ITR 1 return the massage is showing that Income chargable under the head salary is less then 90% of salary reported in TDS1.

pls find the salary brake up details as well as return page.

Sr No Particulars Total Exemption Net mount
1 Basic Salary 371516   371516
2 Special allowance 48001   48001
3 Washing allowance 5500 5500 0
4 Convence allowanace 17600 17600 0
5 Child edu allowance 1800 1800 0
6 Leave encashment 15761   15761
7 HRA 185758 50848.4 134910
8 Free concessional travel 10000   10000
    655936   580188
         
  Under Head salary     580188

 

ITR 1

i Salary (excluding all allowances, perquisites and profit in lieu of salary) 371516    
ii Allowances not exempt  208672 ( sl no 2+6+7+8)
iii Value of perquisites  0    
iv Profits in lieu of salary  0    
v Deduction u/s 16       
vi Income chargeable under the Head ‘Salaries’ (i+ii+iii+iv-v) 580188    

 

Kindly advise us how to solve the above problem.

 


 2 Replies

Srinivasa Ganesh (Article Assistant) (456 Points)
Replied 16 July 2018

Enter exempt income details under the row exempt income for reporting purpose only. then you will not get error

Bhaskar (Accounts Executive ) (91 Points)
Replied 17 July 2018

Dear Sir,

Exemption amount like washing allow,child allow,HRA these are all need to update in exempted income right sir.

 


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