Hey,
I have filled up my form 10E which contains the amount of relief that I am entitled to for the FY 2020-21 but when I am entering the amount of relief in ITR 1 it comes with the error that relief under section 89 cannot exceed the amount of tax payable on salaries+pension. Has someone else also encountered this issue or is there something wrong with the new portal ? . Thanks in advance to whosoever can clarify
Summary: The error occurs because the system detects your claimed relief is mathematically higher than the tax liability. Please recalculate your relief using the steps above (comparing tax liability with and without arrears for both the receipt year and the relevant past years) and ensure your filed Form 10E reflects these accurate, lower figures. If the calculation shows no positive difference, you are not eligible for relief.
MANUJ SHARMA AND COMPANY
Noida
CA Inter
View Details
CCI
Pro
CAclubindia
