This Query has 3 replies
Please find the bug below and let me now how this can be resolved.
This is for ITR2 online filing for AY2025-26, regarding TDS Section for Sale of Property:
1. TDS Section is prefilled with the value "Income from Capital Gains" For Head of Income (Col 12).
2. However, during final validation, I see an error that states the below:
Head of Income (Col 12) - Please select the drop down of head of Income for which corresponding income offered in schedule TDS 3
3. I tried going to TDS section for the sale of property and go to edit mode and then tried to select the value from the "Head of Income" drop down. However the prefilled value "Income from Capital Gains" is missing in the drop down. Only the 3 values "Income from Other Sources", "Income from House Property" and "Exempt Income" are available.
The option "Income from Capital Gains" is missing from the drop down for Head of Income (Col 12) in the TDS section. This is what is causing the validation to fail.
Above is validated from a retired software engineer.
Please let me know if any one has encountered it and how this can be resolved.
This is preventing me from submitting the ITR2. Also let me know, if I can select one of the available option like "Income from Other Sources" and proceed. I am concerned as the amount received is from a property sale and it cannot be categorized under a different head and may trigger audit. I tried discarding the draft and starting a new filing (instead of resume), but the issue persists.
Please help. Thanking you
MR
This Query has 3 replies
Respected Colleagues,
A person sold his agriculture land and wants to file a ITR now, but the point is, In Sale deed type of land is Rural agriculture land but the land is situated 3 Kms within MC Limits and TDS 1% 194IA also deducted by builder,
Now my question is if we considered sale deed then its a rural agri. land but TDS 1% deducted and also near MC Limits
Please guide what i do in ITR
This Query has 5 replies
Hello Experts,
Can a HUF claim deduction for contributing to PPF account of Karta.
Thanks in advance.
This Query has 1 replies
please elaborate on the subject, i am so confused
This Query has 2 replies
good evening sir/s,
how to apply PAN of NEWS Paper PUBLISHER, either in proprietary or in any other status,
please inform me
This Query has 2 replies
Son died in an accident Compensation received after 10 years through court court advised to pay claim along with an Interest
Th Insurance Co Paid the claim as well as Interest and deducted TDS on interest under section 194A
1)Whether the Interest is taxable in the hands of his legal heirs
2) If yes while filing Return where to put the sum of Tax Free Interest and under which section
3) Whether CPC will accept the same
This Query has 10 replies
ASSESSEE SOLD A RESIDENTIAL FLAT-A IN JAN'25 FOR 1.5 CRS.HE HAD BOOKED ANOTHER UNDER CONSTRUCTION FLAT-B DURING 2021, FOR WHICH HE HAS PAID 1 CR TILL NOW AND WILL GET POSSESSION OF THE SAME IN FEB'2026.
WHETHER HE CAN CLAIM EXEMPTION OF 1 CR UNDER SECTION 54 FOR THE SAME AS HE IS GETTING POSSESSION WITHIN 2 YRS OF SALE OF FLAT-A.?
This Query has 2 replies
I know that annuity income is taxable. I want to know in case of immediate annuity , is part of it non taxable due to exclusion ratio concept? If yes, how to calculate it ?
This Query has 2 replies
WHICH ITR FORM TO BE USED FOR RETURN FOR SALARY INCOME+ 44ADA INCOME ??
AS HALF THE YEAR UNDER SALARY INCOME AND HALF YEAR AS CONSULTANT INCOME
This Query has 6 replies
Dear Sir,
If a person getting a salary and employer deduct the TDS under section 194C. in this case Have I to file a ITR-1 salary return or ITR-4 business return 44AD?
he is delivery boy of flipkart.
Thanks and regards,
Pratik N Patel
AY2025-26- Bug in ITR2 Online Filing - TDS Section related to Property Sale