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Hra deduction by employer refund

Melko (Engineer) (58 Points)

10 March 2017

I had produced a rent receipt of Rs. 20000 per month for consideration of exemption of HRA for the calculation of Income tax.

My employer has considered only 17000 as monthly rent. Hence, the amount indicated for the purpose of exemption of Income Tax is only 8400 against 44,480. Form 16 for the financial year provided by the employer also shows 8,480 against actual eligible exemption amount of 44,480.

Can I get the amount refunded while e-filing Income Tax Return? How will the disparity between Form 26AS and Form 16 be rectified in such a case for the financial year?

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1 Replies

Mahesh Babu (CA Final) (618 Points)
Replied 12 March 2017

If your employer was not considered the total amount of rent paid by you, then you can file the return with original amount of rent paid for claiming the HRA exemption and also get the TDS refund extra deducted by your employer.