Getting Error at the time of verification

Page no : 3

VIKASH (DIRECTOR) (80 Points)
Replied 21 June 2024

Let us understand this reply more clearly 

1. For business income ITR

    who hv NOT SELECTED no account case ( means they r maintaining  books)

    And who hv not opted presumptive income 

    And who are not falling under tax audit requirement

Those category taxpayers hv to show div income at 3-places mentioned as above & than proceed to file ITR wand ignore WARNING message. Because it is a WARNING ONLY NOT ERROR.

please confirm if i hv correctly interpreted the reply.

vikash


Vivek Bharadwaj (PM) (36 Points)
Replied 21 June 2024

Are you still getting the error/warning, As I was able to solve basis above comments, only thing initially i wrongly mentioned the dividend in Exempt section. So that i had to correct again


Nikhila (Tax Consultant) (22 Points)
Replied 22 June 2024

I got the Same Error

I have Posted the Actual Figures and downloaded the JSON File and logged out, again logged in and try to file offline by uploading the JSON File. Still some error was popping up , then i tried to file online again - this time it was successful.

 


Karan (.) (65 Points)
Replied 23 June 2024

Originally posted by : Manu
opening quote Somebody raised a grievance and received the following reply. 

"Dear Taxpayer, Please note that this is a Category B/D error in case dividend amount is reported under schedule OS and same is not entered under Profit and loss account and amount is not reduced from SI. No. 5 in Schedule BP. So kindly report the same under these schedules to resolve this. In case there is no requirement to maintain Books of accounts and 44AA option is selected as NO under Schedule Part A general, then kindly proceed and continue filing the return since it will not restrict filing return of income. If the issue still persists please share the json."

This is the correct solution. 

 
closing quote

I got the same reply but why are they asking to file in Sl 5 BP which is for exempt income, dividend is not exempt income anymore, wouldn't Sl No 3 of BP be better "Income / receipts credited to P/L considered under other heads of income"

Another issue I have is that ITR just keeps adding total dividend amount to 1st quarter in OS, even though I have already provided correct breakup manually.


Dheeraj Bhagchandani (12 Points)
Replied 27 June 2024

FIND THE SOLUTION    

I have also faced the problem but find the above Solution

FIRST OPEN THE PART-A PROFIT AND LOSS ACCOUNT AND EDIT 14(iii) AND write the DIVIDEND amount in and save the data

Second Open the Schedule BP and Click 3 and click edit and enter the Dividend amount here also save the data

Third Same amount in Schedule OTHER INCOMES

after the above steps click on validate then it's redirect the issue. in 2nd time when I validate it's successfull

2 Like


renu aggarwal (2 Points)
Replied 29 June 2024

I have also faced the same error for 10 days when I followed the same steps as described, but after these steps same error again POP UP. After trying 2 times I succeed submitted the ITR successfully


Attached File : 4074749 20240629115147 img itr 3 error.jpg downloaded: 210 times

Harshal Bharambe (CA) (40 Points)
Replied 29 June 2024

In case were books of accounts are not maintained or not required to be maintained, how can we fill the details in 'Other Income - Dividends' under 'Part A Profit & Loss Account' schedule?

If we cannot enter value in 'Other income - Dividends', we cannot enter it in Schedule BP.

So anyways there will be a mistake/defect in ITR - either of Dividend or entering data in Part A Profit & Loss when books of accounts not maintained.


Sudhaker Ramani (60 Points)
Replied 29 June 2024

im also having same issue . The Dividend Amount Entered in O/S and in the quater wise entry also 100 % tally the same . 

Apart from this i hvae entered in the Schedule EI - EPF withdrawl amount . Do thsi amount also to be revalidate in any other place not known . 

The eroor is coming 

 

 


Sudhaker Ramani (60 Points)
Replied 30 June 2024

Im also getting the same Error . Not able to understand why this Error . Dividend are entered under O/S and in same accural we match the amount quarter wise .


Sampath Srinivasan (5 Points)
Replied 05 July 2024

"Another issue I have is that ITR just keeps adding total dividend amount to 1st quarter in OS, even though I have already provided correct breakup manually."

I am getting the same error. Every time I have to go and clear the first quarter figure. This looks like a software bug.




Sampath Srinivasan (5 Points)
Replied 05 July 2024

I too am getting this error:
"In Schedule OS/ Schedule EI, the amount of dividend income mentioned is cannot be more than the dividend income reduced from Schedule BP;#;Kindly ensure that dividend income mentioned in schedule OS or schedule EI should be equal to dividend income reduced from Schedule BP."

I am filing ITR3 because I have Capital Gains

I have opted for presumptive Business income under section 44ADA.

I have entered Dividend details under Other Sources (OS) section. 

Can't figure out why I keep getting this error. 


Sai Reddy P (Articles Trainee) (22 Points)
Replied 05 July 2024

"Dear Taxpayer, Please note that this is a Category B/D error in case dividend amount is reported under schedule OS and same is not entered under Profit and loss account and amount is not reduced from SI. No. 5 in Schedule BP. So kindly report the same under these schedules to resolve this. In case there is no requirement to maintain Books of accounts and 44AA option is selected as NO under Schedule Part A general, then kindly proceed and continue filing the return since it will not restrict filing return of income. If the issue still persists please share the json."


Chokkam Hemanath (Chartered Accountant ) (36 Points)
Replied 06 July 2024

Delete prefilled dividend amount and fill it under any other income under sub head .issue resolves.



Chokkam Hemanath (Chartered Accountant ) (36 Points)
Replied 06 July 2024

Delete prefilled dividend amount and add any other income under sub head seperately issue resolves.



Sachin Chinchale (propritor) (22 Points)
Replied 07 July 2024

even after entering data same error 


schedule os/ schedule ei the amount of divident income mentioned is cannot be more than the dividend income reduced from schedule BP,# kindly ensure that dividend income mentioned in schedule os or schedule EI should be equal to dividend income reduced from schedule bp



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