Rahul Sinha (Team Lead) (44 Points)
11 April 2014Hi,
My employer has shown the wrong amount for rent-paid. This has resulted in less tax deduction. I submitted a proof of 8333 as monthly rent but the rent shown in tax calculation is 28500. The amount is so big that it is going to raise eyebrows in tax dept. I do not want to get summons and waste my time thereof.
Since my employer's finance personnel is very unhelpful, I'm exploring whether the correction can be entered somwhere in ITR form.
Pls help,
Regards,
Rahul
CA Deepesh Ruhela
(Keen to Learn)
(3271 Points)
Replied 11 April 2014
Don't worry sir, it is not your fault. Show the correct amount of rent paid in income tax return and show the amount of TDS deduct by employer. If any notice recived from deptt., then produce the same evidence of Rs. 8333 as monthly rent before him.
CAclubindia
