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Getting error while filing ITR U for AY 2022-23

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tarika jain

Student CA Final

32 Points Posted on 31 January 2023

i am getting the error, saying that net amount payable can't be zero. please ensure that net amount payable is more than Zero to file ITR U

Replies (8)

Quick Summary

Users are encountering an error when filing an updated Income Tax Return (ITR-U) for AY 2022-23, stating that the 'net amount payable cannot be zero'. This error typically occurs when there's no additional tax liability or refund claim. The correct procedure involves entering tax paid under section 140B and removing it from self-assessment tax paid if tax has already been paid. Some users are also seeking guidance on filing manual returns or determining the correct ITR form for AY 2023-24 when a refund is calculated.

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

121427 Points Posted on 31 January 2023

Correct. Updated return cannot be filed if there is no additional tax liability, or refund claim.

Eswar Reddy S

CFO- at NHTF

15022 Points Posted on 31 January 2023

If tax is already paid then enter details in Tax paid under section 140B and remove it from Self Assessment Tax Paid

Jayesh

BBBB

22 Points Posted on 12 March 2024

Hi,

This is the first time, i am filing an e return for my father (>80 yrs) with income as interest from term deposits for AY 2023-24. Please help to answer following queries:

1) If a net refunded is calculated, then which ITR return will be applicable ? Currently eportal only provides "Updated" return option.

2) I understand a manual return can be filled. Can this be sent by Post? If so then where?

Regards

Jay