I am filing ITR2_2010_11_R26 for HUF. HUF have only Interest on Loan income. When i go for option"Calculate Tax" in return, Rs.1000/- showing for "Rebate on Agricultural Income" particulars under "COMPUTATION OF TAX LIABILITY" of sheet name "PARTB-TI-TII" though i have not shown any agricultural income. Second thing I found that If I select "STATUS" as Individual then this rebate will not come.
Would any body give solutions for this.
Regards
Dhananjay
if it shows rebate means the cell which shows that amt just trace the preceedent it would contain source cell from there it takes the value, so some where you would have entered that is considered in this calculation cell, thoroughly check....
Karthika,
Thanks for ur reply. As u suggested, I gone through whole file related to this, & also re-entered all details, checked on another computer also then also amount showing. U also try, consider taxable income i.e above exemption limit.
But one thing i found that if u select category of assessee as "Individual" then this amount will not show, but if u select HUF then amount will show provided income show above exemption income.
Please send ur reply as suggest to do.
CAclubindia
