Radhakrishnan.G (Teacher) (46 Points)
09 April 2024Hello every one
In RPU 5.0 Annexure II(Salary details) in column 93 115BAC(1A), I have selected "Yes" and I entered the housing loan interest in negative amount (-150000) at column 15 and tried to create the file but get a error message "Income chargeable should not be negative" Please let me know how to enter the housing loan interest in Annexure II for FY 2023-24
Nagaraju P
(Job)
(9 Points)
Replied 14 April 2024
Technical issue in RPU 5.0. need to wait for new RPU 5.1
Suresh Jethani
(20 Points)
Replied 19 April 2024
The problem is still stand n new RPU 5.1 also, the income chargeble in home loan interest is shound not be negative amount
Nikhil Kaushik
(Fellow CA)
(85743 Points)
Replied 20 April 2024
this is normal in the early versions every year. Do not bother filing your tax returns at this time unless you really need it.
Nagaraju P
(Job)
(9 Points)
Replied 20 April 2024
All technical issues rectified in new RPU 5.1. Home loan interest negative value issue also resolved.
Suresh Jethani
(20 Points)
Replied 22 April 2024
New RPU 5.1 has same problem and message for home loan interest should not be negative. 80c deduction also deleted when try to validation.
PRIYANKA PAHUJA
(Finance and Compliances)
(49 Points)
Replied 23 April 2024
If you will select "YES" in the field no, 93 of Sec 115BAC / 115BAC (1A), you will be able to punch negative value in home loan interest amount and the values in field of 80C and all other deductions.
If you select "NO" in filed 93, you'll not be allowed to punch negative values and field of 80C will turn to be un-editable, and if you've punched any values in 80C earlier, same will disappear.
Laximan Yeram
(4 Points)
Replied 26 April 2024
But Priyanka Madam, if we select yes than the assessee is opting for new regime & than he will not get any 80c deductions.
Please clarify
PRIYANKA PAHUJA
(Finance and Compliances)
(49 Points)
Replied 26 April 2024
Exactly now the confusion is: the field says “ whether opting for sec 115BAC Or whether Opting out of sec 115BAC (1A)
if we answer “yes” : It’s a yes to both, and
if we answer “no” : it’s a no to both
but the question are contradicting.
Laximan Yeram
(4 Points)
Replied 26 April 2024
Hi Priyanka Madam,
In total taxable income, medical premium under sec 80d is not getting deducted but it is showing in total amount dedcutibel under chapter VI A.
PLease guide
sachin goel
(57 Points)
Replied 26 April 2024
| Originally posted by : Nikhil Kaushik | ||
 |
this is normal in the early versions every year. Do not bother filing your tax returns at this time unless you really need it. |  |
sachin goel
(57 Points)
Replied 26 April 2024
error in software RPU 5.1 during revised tds for correction... when we opted no option for 115 bac.. all values are disappear... software says fill all columns but validation error says do not fill any value even zero..
PSSG GOPAL
(2 Points)
Replied 27 April 2024
error in housing loan interest posting not taking negative ..please give solution
Suresh Jethani
(20 Points)
Replied 02 May 2024
Any updates regarding the above problem solutions or updating of rpu version
CAclubindia
