Claim for deduction

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 September 2012 hello experts,
My total income is less than 5lacs, but I had to claim for the house rent allowance, medical bills etc through return of income under section 139(1),but I failed to file the return .Now my query is whether I can claim these deductions through belated return.I am a salaried employee and I did not furnish the documents before the due date required by the company as a result more tax was deducted from my account.
thanks you very much.

CA Rinkal

CA Rinkal (Expert)
Follow

01 September 2012 yes,
you can claim deduction for the above mentioned expenses through belated return.
it is compulsory to file return of income u/s. 139(1), if you want to carry forward your losses.
there are no provision relating to set off of losses(Expenses) that whether to file return u/s. 139(1) or 139(4), there is only one condition that you have to file return.