ITR U Error while uploading

This query is : Resolved

sumeet kumar (Querist)
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18 March 2024 It shows the error, "In part B TI, Sl.No. 19 - deemed income u/s 115JC is not equal to Sl. no.3 of schedule AMT". But my all figures are matching with the respective schedule. How to solve this error.

sumeet kumar

sumeet kumar (Querist)
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18 March 2024 Already raised a grievance but was still unable to solve it.

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
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02 August 2024 The error you're encountering in the ITR-3 form, specifically related to the mismatch between "deemed income u/s 115JC" in Part B TI and "Schedule AMT" (Alternate Minimum Tax), indicates an inconsistency between the total income reported and the income considered under AMT provisions. Here’s how you can resolve this issue:

### Steps to Resolve the Error

1. **Double-check Figures**:
- **Part B TI (Total Income)**: Verify that the total income reported in Part B TI, particularly in item 19 (deemed income under section 115JC), is correctly calculated.
- **Schedule AMT**: Confirm that the figures in Schedule AMT, especially the ones in item 3 (adjusted income for AMT), match the income figures reported in Part B TI.

2. **Recalculate AMT**:
- Ensure that the income reported in Schedule AMT (line 3) includes all adjustments required under section 115JC. This includes adding back any deductions or exemptions that need to be considered for AMT purposes.

3. **Review Adjustments**:
- **Deemed Income**: Check that any deemed income under section 115JC (which is the income considered for AMT) is correctly calculated and reported.
- **Profit and Loss Account**: Ensure that the adjustments made for the calculation of AMT are reflected correctly in your profit and loss account.

4. **Re-enter Data**:
- Sometimes errors occur due to data entry issues. Re-enter the figures in both Part B TI and Schedule AMT to ensure they match precisely.

5. **Validate XML File**:
- Before uploading the return, validate the XML file locally using the Income Tax Department’s utility to catch any discrepancies.

6. **Review Tax Computation**:
- Ensure that your tax computation correctly reflects all required adjustments for AMT. Check if the minimum alternate tax (MAT) or AMT is correctly computed based on the deemed income.

7. **Update Software**:
- Ensure you are using the latest version of the ITR utility software provided by the Income Tax Department. Outdated software might cause validation issues.

8. **Consult a Professional**:
- If the issue persists, consult a tax professional or chartered accountant to review your ITR and ensure compliance with the provisions of section 115JC.

9. **Contact Support**:
- If you’ve raised a grievance and it hasn’t been resolved, follow up with the Income Tax Department’s helpdesk. Provide them with detailed information about the error and steps already taken to resolve it.

### Practical Steps:

1. **Verify Details**:
- Cross-check every detail in the ITR form, particularly focusing on Part B TI and Schedule AMT.

2. **Re-file**:
- If necessary, revise your ITR and re-upload it after making sure all figures align correctly.

3. **Documentation**:
- Keep all supporting documents and calculations ready in case of further inquiries or audits.

Addressing these steps should help you resolve the error and ensure your ITR is correctly filed.

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