ITR 143(1)(a) - gratuity claim more than threshold limit

This query is : Resolved 

06 January 2020 Hello,

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?

Thanks in advance for your help.

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.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries