Itr1 downloaded on 04/08/14

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30 Points Posted on 04 August 2014

hi, 

It seems that the last date for filing the Income tax for the AY 14-15 has been extended to 05th August. I downloaded the ITR1 on 04th August, but while entering the date of 04/08/14 and selecting the option "11-On Or BeforeDueDt 139(1)", the excel utility still calculates the Interest for late filing, (Point 16 in Income details w/sheet)

Please advise what needs to be done. 

Thanks and Regards

 

 

 

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On 04 August 2014 at 22:34 Report
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Student as well as Self-employed
3853 Points Posted on 05 August 2014
you have yourself seen that utility is calculating intt on late filing. intt is being calculated because due date has expired. selection of code 11 has no role in intt calculation. upon validation the utility may generate an error requiring to change code 11 to 12.
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On 05 August 2014 at 00:15
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Student as well as Self-employed
3853 Points Posted on 05 August 2014
it is advised that you change option to code 12 and pay taxes with intt and then file return.
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On 05 August 2014 at 00:17

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