ITR 2 How to do the HRA claim properly

ITR 827 views 4 replies

Need some guidance on how claim HRA in ITR 2

In my Form 16: I have these 2 sections

Salary as per provisions contained in section 17(1): Rs X

House rent allowance under section 10(13A): Rs Y

Now in ITR 2 in section 10(13A) if I directly give Amount Y I am getting error: 

"Error :Exemption of HRA u/s 10(13A) shall not be more than minimum of HRA received or 50% of (Basic + DA)."

 

So, should I make the salary break up in ITR 2 like:

b. HRA = Rs Y
 
Or the HRA here will be the HRA received as per payslip before doingthe exemption calculation. Which is more than Rs Y.
But in that case total salary will increase beyond what is there in Form 16

 

Replies (4)
Hi, please check your inbox

Hi CA Aakarsh Jain , I've the same question/ problem as above by Indranil Nanda. Can you please help me as well? Thank you

Thanks a lot for your help on this

Hi Sir 

could you please let us know how to do the same.

Thanks


CCI Pro

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