Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

[#/ITR/ITR1/ITR1_IncomeDeductions/OthersInc/OthersIncDtlsOthSrc/1/OthSrcOthAmount: -460 is not great

684 views

Save Share

SABINESH “Sabinesh” DAS

1 Points Posted on 23 July 2023

DURING FINAL VERIFICATION I GOT THIS ERROR EVEN MY VALIDATION IS SUCESSFUL-

[#/ITR/ITR1/ITR1_IncomeDeductions/OthersInc/OthersIncDtlsOthSrc/1/OthSrcOthAmount: -460 is not greater or equal to 0];#;Please contact the developer of your utility with the error ke

Replies (2)

Quick Summary

If you're encountering an ITR error stating that a negative amount like '-460' is not greater than or equal to 0, it's likely a bug in your tax filing utility. This often occurs with additional income from sources like bank FDs, especially if they were pre-closed, resulting in a negative income figure. The utility incorrectly assumes all income must be positive. For small negative amounts, you can usually resolve this by deleting the specific entry causing the error.

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

212441 Points Posted on 23 July 2023

File ITR online.

It is bug in the utility.

Nagaraj H C

2 Points Posted on 30 July 2023

Your aditional income from bank might be listed as "-460". This could hapen due to preclosure of FD. The tool does not handle -ve income. It thinks, every income must be greater than 0.
In your case, since it is small amount, you can delete the entry of aditional income which list as "-460"