I've received ITR notice u/s 143(1)(a) for AY 2019-2020. It says "claim of dedcution u/s 10(10) - death-cum-retirement gratuity received is more than the threshold limit"
I received amount of Rs. 2 lakh as a gratuity payout from my previous employer upon resignation after completing 5 years. While filing return, I showed it under section 10 (10). But it seems this claim has not been accepted by IT.
I feel the claim is correct and the amount is very well below threshold limit. And the gratuity amount is calculated as per recommended formula of 1Month Basic Salary X 15/26 X Completed Years.
So should I just go to IT dept. website and 'Disagree' with the demand and give my explanation in plain english? Or do you suggest anything more?
08 January 2020
Yes, that is what has to be done. Adding more to it, you might file grievance with the department online under "e-nivaran" tab. That gives quick resolution.