01 August 2025
Dear Sir, I field ITR-3 for FNO trading for Ay 2025-26 for Income is not greater than Basic Exemption Limit in Java commen utility, In schedule Exemption income( EI ), I fill interest Rs.5500 of PPF Interest in interest column and LIC maturity value Rs.89000 in other of 10(10D) life insurance, But at the time of ITR validation there is error description is [#/ITR/ITR3/SchedualeEI/otherInc:required key[NatureofDescDivName]not found] and In sugggestions is Please contact the Developer of your utility with the error key. So please know me about what I have do? Regards,
01 August 2025
Sir, This error is only for LIC maturity 10 (10D) in EI Scheduale , is it compulsary to show exempt income of LIC maturity value in ITR ?
01 August 2025
Though not taxable, but advisable to declare it in ITR. Option is there; provided you wish. You may upload it without declaration now; then revise it when updated utility released!!!