ITR2 long term capital gain, Indexed cost of improvement not updating in resulting cell (biib).

While calculating capital gain in ITR2 excel of AY 23-24, cost of improvement cell in form is not getting proper result, showing "# NAME"  in resulting cell, which is automatic.

Tried with different year & amount, every time same result appear as "# NAME" in resulting cell.

This is under Long term capital gain, Point 1(B)(biib)

Please guide how to proceed.

Thanks in advance.

Screenshot shown below:

 

 

Replies (5)
Quick Summary
A user is encountering an '#NAME' error when calculating long-term capital gains in the ITR2 Excel utility for AY 23-24, specifically with the indexed cost of improvement. Despite trying different inputs, the issue persists in cell 1(B)(biib). The consensus is that the Excel file may be corrupted, and the user is advised to wait for a software upgrade or a new Java version to resolve the problem before filing their returns.

The file is corrupted, file complaint & wait for upgrade of the software.

Mr. Dhirajlal Rambhia

Thank you sir for your reply.

I had same doubt, but wanted assurance from professional.

Now content after your reply, will wait for upgrade, until then cannot file returns.

Actually wait for Java version, that would be more accurate than the present version,

Yes will do that, Thank you.

You are welcome.                        

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