Claimed exemption under wrong section

This query is : Resolved 

05 July 2024 I have a client whose CA filed his return back in FY 2021-22, when he sold a residential property. He was supposed to construct another house with the sale proceeds and therefore he invested the same amount in the Capital Gains Savings Scheme of a Public sector Bank. Therefore, the Exemption should have been claimed under section 54. But his CA filed the exemption under Section 54EC, which is, I believe, is completely irrelevant as the he did not invest in NHAI Bonds or such other Bonds as specified under Section 54EC. I am trying to file an ITR-U to rectify the error but I can't as it shows an error that 'Tax payment cannot be Zero'. What can I do save this person from getting under scrutiny?

05 July 2024 Show some additional income and pay some tax then only your updated return will be accepted.

05 July 2024 thankyou sir for the help!


06 July 2024 I tried adding the income to the Other income, it still generates the same error that 'you are expected to have net payable amount more than zero to make tax payable u/140B". though, my new tax liability stands at around 3k. please help, as it is not generating Json.

06 July 2024 Try it today with add some more income so that tax liability is 5000 if the same problem persists raise grievances it will be solved.



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