filing of rent
Ankit chaturvedi (CA in Practice) (241 Points)
15 September 2017
my client gross salary is 350000 after HRA deduction it is 248000 ...so he needs to file return of not?
6 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 15 September 2017
Don't want file ITR in this situation....
Ankit chaturvedi
(CA in Practice)
(241 Points)
Replied 15 September 2017
But his gross total income is more than basic exemption limit?? Then what is the reason of not filing return
Piyush Sindwani
(96 Points)
Replied 15 September 2017
Agreed with Mr RAJA. Gross total income is arrived after HRA exemption.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 15 September 2017
After the HRA deduction he ll be get above 2.5lakhs then he ll be file his return....
Also he get any other deductions like Chapter VI A... and after deductions he get less than 2.5lakhs then no need....
Also he get any other deductions like Chapter VI A... and after deductions he get less than 2.5lakhs then no need....
Piyush Sindwani
(96 Points)
Replied 15 September 2017
No, If gross total income before providing deductions under chapter VIA exceeds Rs 250000 than he is needed to file return, irrispective of the fact that after providing deductions under chapter VIA his income is below 250000
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 15 September 2017
Yes. I fully agreed with You Mr. Piyush....! 😊😊😊
Wrongly replied for wrongly mentioned....
Thank you for the Correction....
Wrongly replied for wrongly mentioned....
Thank you for the Correction....
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