I joined new company in Jan 07. I didnt show proof for HRA in the new company. Can I show while filing return

Question

I was paying 4400.00 as rent for the duration Apr07-Sep07.

For the duration Oct 07-Mar08 i am paying 5700.00 as rent.

I didn't submit House Rent receipt in my new company. So, the form 16 doesnt reflect that.

The breakup of my salary for the calculation purpose, is given below.

BASIC DA HRA

Comp1 Comp2 Comp1 Comp2 Comp1 Comp2

Apr-07 8190.00 1100.00 4902.00

May-07 8190.00 1100.00 4902.00

Jun-07 8190.00 1100.00 4902.00

Jul-07 8190.00 1100.00 4902.00

Aug-07 8190.00 1100.00 4902.00

Sep-07 8190.00 1100.00 4902.00

Oct-07 8190.00 1100.00 4902.00

Nov-07 8190.00 1100.00 4902.00

Dec-07 8190.00 1100.00 4902.00

Jan-08 4755.00 7417.00 639.00 2846.00 2967.00

Feb-08 20903.00 8361.00

Mar-08 20903.00 8361.00

Qn 1. Can I submit rent receipts while filing tax returns i.e., now and get the exemption?

Qn 2. What is the tax exempted HRA?

Answer 1

u can show in in your income tax returns which u will be submitting to Income Tax Office ( form ITR 1 ). please take help of a professional in filling up the form and calculating rebates due

Answer 2

ANS1. CAN U SUBMIT RENT RECEIPT TAX RETURN

ANS2. YES HRA EXEMPTED

Answer 3

If u do not submit rent receipt to ur employer,u can always claim it while filing ur IT return.For this purpose,u can attach first month & last month rent receipt if it is the same landlord.

A word of Caution:It is generally viewed with suspicion by Income tax authorities.More so if it is in Cash.Better take the services of a professional who can get it done for u.The extent of exemption of HRA  has already been answered by me in yahooo answers.U may find it in resolved questions.

Answer 4

ans 1= yes ,you can claim at the time of filing of return also

ans-2= download hra calculator from the link given below

http://simpletaxindia.blogspot.com/2008/...

Answer 5

Since you did not give receipts for HRA to your employer, they will issue Form 16, without considering HRA.

Now you will make this deduction when you file your tax return form ITR-1 or ITR-2. You do not attach any document to your tax return.

For HRA exemption and other information, read

Income From salary

http://mytaxes.in/index.php?topic=17.0