Intimation for clarification/information for ITR-3 (AY 2025)
Got following intimation for Proposed Adjustment to Total Income of 4.9L
Subject: Seeking information∕ clarification on the data in the return filed
On perusal of the Return of Income filed, it is seen that there is a variance in the income reported under the head "Salaries". The variance arises due to one or both of the following: (a) the allowances claimed as exempt under section 10 are inconsistent with the salary bifurcation reported in Schedule S — Details of Income from Salary; and/or (b) the Standard Deduction claimed under section 16(ia) is at variance with the threshold applicable to the tax regime selected. Accordingly, the income under the head "Salaries" is proposed to be recomputed after allowing only such allowances and deductions as are admissible under the applicable tax regime, under section 143(1)(a) of the Income-tax Act, 1961.
Should I just accept or reject? Please suggest