Getting Error at the time of verification

Getting Error at the time of verification

  1. In Schedule OS/ Schedule EI, the amount of dividend income mentioned is cannot be more than the dividend income reduced from Schedule BP;#;Kindly ensure that dividend income mentioned in schedule OS or schedule EI should be equal to dividend income reduced from Schedule BP.

Any solutions for this error?

Replies (65)
Quick Summary
Users are encountering a verification error in ITR 3 stating that dividend income in Schedule OS/EI cannot exceed the amount reduced from Schedule BP. This often occurs for those with presumptive business income or capital gains alongside dividend income. Several users have found a solution by ensuring the dividend amount is consistently entered in Part A Profit & Loss Account (item 14(iii)), Schedule BP (item 3), and Schedule OS (item 'ai' - Dividend Income). While some report success after these steps, others suggest that if books of accounts are not maintained, this may not be applicable, and the warning might be ignorable or require specific handling by deleting pre-filled amounts and re-entering them manually.

Image of error in attached file 

Which ITR Form you have selected?

I am also getting this for ITR3. No solution or work around found yet. I am having presumptive business/professional income (no account case) and dividend income. Dividend income is declared in Schedule OS only and not in P/L or Schedule BP. This verification error says you can't have dividend income in Schedule OS more than what is declared in P/L section. Any solutions welcome. Thanks  

But if you are having Presumptive income then how you have selected FORM ITR 3 ?
Originally posted by : Pradeep KS
opening quote I am also getting this for ITR3. No solution or work around found yet. I am having presumptive business/professional income (no account case) and dividend income. Dividend income is declared in Schedule OS only and not in P/L or Schedule BP. This verification error says you can't have dividend income in Schedule OS more than what is declared in P/L section. Any solutions welcome. Thanks   closing quote

 

I have filed ITR 3. My issue is exactly the same.

I am also facing the same issue. I there any risk of return being considered defective?

Getting error at the time of verification is a normal feature but it does not happen

I have income from salary and capital gains too. Income from business/profession is small amount. I have always been filing ITR3 since ages. This is the first time I am facing such issue.

No not on the basis of that itr3

Any solution to this issue?

FIND THE SOLUTION    

I have also faced the problem but find the above Solution

FIRST OPEN THE PART-A PROFIT AND LOSS ACCOUNT AND EDIT 14(iii) AND write the DIVIDEND amount in and save the data

Second Open the Schedule BP and Click 3 and click edit and enter the Dividend amount here also save the data

Third  Same amount in Schedule OTHER INCOMES

Pls post actual fig
Not Required kindly check query again
Yes pls post actual figures

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 July 2026
Senior Executive/ Manager

H S SHARMA AND CO

Pune

CA Final

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Company
23 July 2026
Semi qualified CA

Garg Bros & Associate CA

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 28 July 2026
Article/Intern/Semi-Qualified/Fresher B.Com

VNSS & Co

Mumbai

Others

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Company
22 July 2026
Senior Chartered Accountant

SKSS

Patna

CA

View Details
Follow