Ad free CAclubindia and daily updates on your mobile. Subscribe Now!

Cancle HRA Deduction

18 September 2019

Hello.. my Clint is live in own home, but show HRA in ITR-1, now he want cancle HRA deduction claim with out revise ITR..
tell me if any procedure

Reply
Follow
Share

3 Replies

Pranav Aggarwal (515 Points)
Replied 19 September 2019

No if want not to claim HRA exemption he has only one option and that is to revise return under section 139(5) before end of relevant assessment year or completion of assessment whichever is earlier.

Upgrade to CAclubindia Pro. Subscribe Now!

Kapadia Pravin (17259 Points)
Replied 19 September 2019

As you have claimed HRA in ITR1 and if you now want to cancel then you have to obviously file revised return. And it is advisable.

Claim of any wrong deductions (and thereby short payment of taxes ) have their own consequences.

Advised to file revised afap.