In my IT return, I entered my total salary in one box instead of providing break up for basic salary, HRA and so on. As a result the CPC sent me a notification disallowing my HRA exemption. I provided explanation online of how I receive HRA but did not provide break up in my return. However, they did not accept and sent intimation u/s 143(1) along with a demand notice. Now, should I file for rectification u/s 154 online and select data correction option? Or should I file revised return and them ask for rectification and select reprocess the return option?
Also, if I'm doing any of the above, meanwhile do I have to pay the tax?
CAclubindia
