banner_ad

ITR2 online filing

373 views 2 replies

My Iwfes total income is less than 7 lakhs (including Capital Gains), filing ITR2 online. Paid taxes as calculated by software. While Validating, it gives error (A type) Rebate 87A can not be less than zero. When checked, it was showing -500. Corrected to Zero, tried validating again. Same error. Checked that even after I change it to zero, while confirming, it goes back to -500. Could not go anywhere.

Any suggestion?

Normal taxable income is Rs. 278000 and Cap Gains: Rs 335000, filing under New Scheme. 

Replies (2)
  1. Check the Tax Calculation Software: Ensure that the software used for calculating the taxes is correctly applying the rebate under Section 87A and handling capital gains appropriately.
  2. Verify the Income Tax Portal.: Try filing the return at a different time or check if there are any updates or patches available for the portal.
  3. Contact Income Tax help line support.
  4. Review Capital Gains calculation.

Thanks for the response. I am filing ITR2 online, so do not have any control on software or its update/patches.  Have tried after a gap of a few hours. Will try again. Capital Gains tax, as calculated by  online utility, appears ok. Only issue is negative 87A rebate its applying. Will try again, today. Thanks.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details