In ITR V of ITR1 AMT and MAT being shown after filing the same.

Dear Sir,
Please let me know why In ITR V of ITR-1 AMT, Book Profit, Divided Distribution Tax and MAT being shown after filing the same.
While all the income from salary has been put into the return.

Shyam Singh
Replies (3)
Quick Summary
This discussion addresses a common query regarding why amounts for Book Profit, Dividend Distribution Tax, and MAT are appearing on the ITR-V acknowledgement form for ITR-1 filings. It is explained that this is a new format introduced from Assessment Year 2020-21. Taxpayers are advised to verify that these specific fields show zero or are blank in their filed return if they have only reported salary income.

It's new format of ITR V acknowledgement from A.Y 2020-21.
Check that, if you filed return in ITR 1, than in Book Profit, Divided Distribution Tax and MAT ect column amount mentioned is Zero/- or blank.
Thank Sagar sir
Most welcome......

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register