one itr is filed dated on 20.12.2020 fy 19-20 in which i forgot to claim exemption of HRA due to which tax
payable was 1lac.i didnot pay tax and filed the itr.now the demand of 1 lac is demanded by govt.what can i do now.as time lapse of 31.3.2021 to revise the itr
5 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 10 April 2021
You have to pay such demand of 100000 rupees by furnishing the return under condonation of delay u/s 119(2)(b)
Nidhi
(Chief Accountant)
(3150 Points)
Replied 11 April 2021
If you received that demand through intimation u/s 143(1), that you can file rectification return against same and in that return you can claim you HRA exemption, if missed.
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 11 April 2021
You have to pay such demand of 100000 rupees by furnishing the return under condonation of delay u/s 119(2)(b).
Rectification cannot be done as authority already issue demand of 1 lakhs rupees
Rectification cannot be done as authority already issue demand of 1 lakhs rupees
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