BASIC EXEMPTION LIMIT EFFECT IN ITR-3

I AM FILLING ITR-3 FOR ASSESSMENT YEAR 2023-24 BUT IN THE NET TAXABLE INCOME (NTI) THE BASIC EXEMPTION LIMIT IS NOT GETTING DEDUCTED FROM NTI.BECUASE OF WHICH TAX PAYABLE IS ALSO COMING HIGHER.KINDLY GUDIE. TRIED FILING THE SAME ONLINE AND BY OFFLINE UTILITY. 

Replies (5)
Quick Summary
This discussion addresses an issue where the basic exemption limit is not being deducted from Net Taxable Income (NTI) when filing an ITR-3 for AY 2023-24, leading to higher tax payable. While the ITR-3 utility is generally working correctly, specific incomes chargeable at special rates (Schedule SI) might be the cause. Users experiencing this are advised to check Schedule SI and have also raised grievances with screenshots for resolution.

As such for calculation of NTI, there is NO DEFECT in the ITR 3 utility. It is working fine. You may have some income chargeable at specific rate, check schedule SI.

Thank you sir for your prompt response. But there are SI but a meger amount of Rs.10,000/- only. No special incomes as such.

File complaint under Grievance along with screen shot.

Yes Sir have already riased the griverance awaiting resolution of the same. 

Actually, we are also facing the issue with tax relief under sec 87A. Raised Grievance, waiting for upgraded version.

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