My daughter was a consultant professional in an animation company in Mumbai during FY 2008-09. Filed ITR for AY 2009-10 after due date in form IV. Company has fully deducted tax from her renumaration and paid to dept.While preparing ITR she claimed HBA interest rebate. doing so she has put the eligible interest amount in a wrong column of page 8 partB-T1of the return form.As per her calculation tax refund was due.But dept has not taken HBA interest into consideration and raised a tax demand along with interest u/s 234a b c. Now she has saught rectification. Will the dept condone the small error and reverse the demand?
Minor error in the submitted itr
Replies (3)
What is hba interest rebate? Fullform for hba.??
Also please elaborate your query more. And if possible please attach snapshot of that page in itr that you are referring at?
And if you have recd intimation u/s 143(1) then please attach that as well
It is not a small error. Interest on Housing loan should be claimed in sheet income from house property. You can try rectifying the same. First go to online greivance and choose communication with CPC. Write what has happened.
if she has manually filed the same - she needs to explain it to Jurisdiction AO.
yes income from house section should have been utitllized
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