Getting Error at the time of verification

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.

yes 

add in p& l 

 

in BP 

 

This is how it worked 

 

Jayaram

Originally posted by : KAMAL CHAUDHARY
opening quote 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
closing quote

 

What if regular books of accounts are not maintained? Can we still use 14(iii)?

https://www.incometax.gov.in/iec/foportal/sites/default/files/2023-05/CBDT_e-Filing_ITR%203_Validation%20Rules_V%201.0.pdf

Rule no 227

 

Has anyone submitted their ITR using the above solution? Did you face any errors?

Hi has anyone found a solution to this error . Have written to IT department but no reply . Looks like a software problem

Are you liable to maintain accounts as per section 44AA?

I selected no for this option. Do i need to change it to yes if 14(iii) is filled?

 

Why itr 3???
Don't give silly replies

I M FACING SAME ERROR. IF ANYONE GOT ANY SOLUTION , PLS INFORM.

I M FACING SAME ERROR. IF ANYONE GOT ANY SOLUTION , PLS INFORM.

Anyone found a proper solution for this issue?

Anyone found a proper solution for this issue?

Anyone found a proper solution for this issue?

Somebody raised a grievance and received the following reply. 

"Dear Taxpayer, Please note that this is a Category B/D error in case dividend amount is reported under schedule OS and same is not entered under Profit and loss account and amount is not reduced from SI. No. 5 in Schedule BP. So kindly report the same under these schedules to resolve this. In case there is no requirement to maintain Books of accounts and 44AA option is selected as NO under Schedule Part A general, then kindly proceed and continue filing the return since it will not restrict filing return of income. If the issue still persists please share the json."

This is the correct solution. 

 

i have tried the below

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

still getting the same error while validating the return

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