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Itr1 downloaded on 04/08/14

ITR Filing 441 views 2 replies

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

 

 

 

Replies (2)
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.
it is advised that you change option to code 12 and pay taxes with intt and then file return.


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