Auto calculation of setoff in cyla-bfla and cfl

Following details are filled in ITR 2 Schedules: The utility downloaded from the web site of INCOMETAX

  1. Schedule - House Property: (Loss on house property) Interest on Housing loan for F.Y.2015-16 Rs.200000 i. e Max allowed.
  2. Schedule – CFL : Previous years Interest on housing loan were filled in Assessment Year wise and tried to compute set off by pressing “Compute Set off” by which the fields like

X . Adjustment of above losses in Schedule BFLA.

xi. 2016-17 (Current year Losses).

But, these are not being calculated automatically.

  1. Schedule – CYLA – BFLA : Similarly, in this schedule also the set off is not being computed automatically. There is a foot-note that “Please, click on ‘compute Setoff button to allow the utility to auto fill the adjustment of Current Year and Brought forward Loss in the Yellow field’.

But, there are no YELLOW FIELDS on that page.

  Please, guide me why it is not done.

Replies (3)

I am trying to do this for this AY and it is still the same!

 

I am amazed that none of the learned CA's over here have been able to respond to this yet, even after 9 months!  The Utility in Excel for 2017 still does not have 'Yellow Fields'?!!!

Best regards,

Bala

You can set off your house property loss with income from house property only. Suppose your income from house property turns positive then you can adjust your brought forward loss. Read more at: https://www.caclubindia.com/forum/auto-calculation-of-setoff-in-cyla-bfla-and-cfl-364700.asp

Hi,

Today I tried to exclude House Loss , but CYLA setoff does not allow.. forces to setoff all Gains, but on validating gives LTCG can be set off only by LTCG.

Pls refer my query    https://www.caclubindia.com/forum/how-to-avoid-house-loss-setoff-validation-error-what-is-mini-chargeable-to-tax-609026.asp   and pls guide me further as a solution.

Expecting help on emergency to file return tomorrow atleast.

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details