I am getting error while filling table D of capital gains in itr to get deduction in 54F.

Save Share

This query is : Resolved

Quick Summary

A user is encountering an error when trying to claim a deduction under Section 54F of the Income Tax Act while filling out Table D of their ITR. The error message states that the deductions claimed for 54F must match the total deductions for the respective assets. This is happening even when the user inputs either the total sale consideration or the long-term capital gains (LTCG) from mutual funds, which were reinvested in a residential property. Another user suggested it might be a technical glitch and advised filing a grievance with a screenshot.

HARBHAJANSINGH sekhon

HARBHAJANSINGH sekhon (Querist)
Follow

22 May 2024 error: deductions us 54F claimed here should match with total of deductions claimed in respective assets. i have ltcg in mutual funds which i invested in my first residential property whose cost is more than total sale value of mf . i get this error whether i fill total sale consideration or ltcg. please help

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

22 May 2024 It seems to be a technical glitch. File complaint under grievance with screenshot.

HARBHAJANSINGH sekhon

HARBHAJANSINGH sekhon (Querist)
Follow

22 May 2024 Thank you sir. Please share your no. I may need to consult you professionally in other matters regarding tax . my email is hssekhon5354@gmail.com

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

05 September 2024 Good Luck.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now