I am trying to file a rectification notice I received. The issue where I am stuck is CYLA, I have filled the Income / Loss from property in the CYLA sheet (excel sheet for 12-13) and entered value at Row 4 - column 2 where it says Loss from house Property (blue color cell automatically filled once I fill the house property details). Now my question is, whether I should click the "Compute Setoff" button to calculate the setoff? If yes, then it fills the row 7 and column 2 (ii House Property row) and VI becomes the same XXXX amount as I entered for Loss to be adjusted for House property and VII becomes 0 .
So if you can see in the snapshot below, the income value "XXXXXX" and the amount from Income/Loss from House property is shown below. I clicked the compute setoff button and it added the same value as of Loss from House property at row 4 (i) Salaries in column 2.
Is this correct way of filling CYLA? Reply ASAP.
Thanks Aditya
