Incorrect Tax calculation in Form ITR-3

Efiling 334 views 16 replies

Hi,

Filled Form ITR-3 for a client. Incomes reported are Income from House property, Interest income, Commission income and Long Term Capital gains (LTCG) under section 112A on sale of listed equity shares. 

After adjusting other heads of income against the basic exemption limit, some portion of the LTCG is also adjusted against the basic exemption limit and balance portion offered for tax liability.

However, tax on Capital gains @ 10% is getting populated on the entire balance portion offered for tax, instead of the amount exceeding Rs. 1 lakh.

Requesting inputs on how to address the above.

Regards,

 

 

 

 

Replies (16)
What is your total income?
Till yesterday while filing ITR 2 there were some technical issues
today ITR 2 were able to filed
It is a technical issue and try today
May be the issue is corrected and u can file it properly....may be

Attached snapshot of computation if not visible in the post

Dear All,

Apparently there was some technical error in the utility which is now resolved and the tax amount is not getting correctly calculated.

Thank you & Regards.

 

itr 3 not working schema error coming

For schema error try foll.

In self assessment and advance tax payment schedule....erase all pre- filled data and retype all from 26AS.....taking challan.

And if any challan number is less than 5 then add zero before it.

Issue is in  advance payment section.

All challan nos must be equal in numbers....(all must have 5  digit numbers and if not then add zero before it)

 

 

 

 

i have tried all this stuff the sheet gets hangs a bit i put the zero but after some time same issues zero disappers

i downloaded the json file on desktop and then uploaded on website so it could be processed

 In Part A General, Are you filing return of income under Seventh proviso to Section 139(1) is selected as Yes then details should be provided under which proviso you are covered. 

this error comes in key and i am not eligible in that section starting mei general aata waha se skip the questions ke pass ek button hai continue woh bhi dead ...not able to edit from there

samaj na aa raha

has any one filed itr 3 so far 

Try downloading microsoft.NET3.5 full package...restart computer.

Clear all catche.

Clear browsing.

Once microsoft.net3.5 downloaded.....i think your itr saved will be erased.

Start fresh

 

 

Yesterday my friend filed Itr 3.

But he has purchased software

Yesterday my friend filed Itr 3.

But he has purchased software

but i filed my all itrs before 1 2 4 all well

which software

 

Problem in software is since last 1 week.

Try Microsoft net3.5


CCI Pro

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