I am filing ITR-2 and need to claim an exemption under Section 10(14)(i) (Telephone Allowance) as reported in my Form 16.
Form 16 contains the following details: Below is an example
Salary Details
- Salary as per Section 17(1): ₹75,00,000
- Value of perquisites under Section 17(2): ₹22,000
- Total Salary: ₹75,22,000
Exemptions
- Total amount of any other exemption under Section 10: ₹15,000
Since I am filing ITR-2, the utility requires a salary breakup to claim the exemption under Section 10(14)(i). To accommodate the allowance, I tried reducing the Basic Pay from ₹75,00,000 to ₹74,85,000 and intended to report the remaining ₹15,000 as an allowance.
However, after modifying the Basic Pay, I receive the following validation error:
If I keep the Basic Pay as ₹75,00,000, I cannot claim the exemption because I receive another validation error:
"Exemption u/s 10(14)(i) cannot be more than the value of Salary under 'Conveyance Allowance', 'Other Allowance' & 'Others' in Section 17(1)."
My question is:
How should the salary breakup be entered in ITR-2 when Form 16 reports only the total salary under Section 17(1) and "Total amount of any other exemption under Section 10", without separately showing the corresponding allowance (e.g., Telephone Allowance)?
CAclubindia
