Vijaya S Kulkarni (Govt Retired Employee) (25 Points)
04 July 2018The latest ITR1 xls released by IT dept has an error.... It does not consider 80D provisions separately from 80C every thing is just taken within the limit of 80C. How do I raise this with IT dept. How long they take to correct the error...?
Read more at: https://www.caclubindia.com/forum/itr-1-468335.asp
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(174477 Points)
Replied 04 July 2018
| 5 | Deductions under Chapter VI A (Section) | System Calculated | |||||||||||||||||||||||||||||||||||||||||
| a | 80 C - Life insurance premia, deferred annuity, contributions to provident fund, subscripttion to certain equity shares or debentures, etc. | 5a | 150000 | 150000 | |||||||||||||||||||||||||||||||||||||||
| b | 80 CCC - Payment in respect Pension Fund | 5b | 0 | ||||||||||||||||||||||||||||||||||||||||
| c | 80 CCD (1) - Contribution to pension scheme of Central Government | 5c | 0 | ||||||||||||||||||||||||||||||||||||||||
| d | 80 CCD(1B) - Contribution to pension scheme of Central Government by employee | 5d | 50000 | 50000 | |||||||||||||||||||||||||||||||||||||||
| e | 80 CCD (2) - Contribution to pension scheme of Central Government by employer | 5e | 0 | ||||||||||||||||||||||||||||||||||||||||
| f | 80 CCG - Investment made under an equity savings scheme | 5f | 0 | ||||||||||||||||||||||||||||||||||||||||
| g | 80 D - Health insurance premium | 2-Self(Senior citizen) & family | 5g | 60000 | 30000 | ||||||||||||||||||||||||||||||||||||||
| h | 80 DD - Maintenance including medical treatment of a dependant who is a person with disability | (Select) | 5h | 0 | |||||||||||||||||||||||||||||||||||||||
| i | 80 DDB - Medical treatment of specified disease | (Select) | 5i | 0 | |||||||||||||||||||||||||||||||||||||||
| j | 80 E - Interest on loan taken for higher education | 5j | 0 | ||||||||||||||||||||||||||||||||||||||||
| k | 80 EE - Interest on loan taken for residential house property | 5k | 0 | ||||||||||||||||||||||||||||||||||||||||
| l | 80 G - Donations to certain funds, charitable institutions, etc | 5l | 0 | 0 | |||||||||||||||||||||||||||||||||||||||
| m | 80 GG - Rent paid | 5m | 0 | ||||||||||||||||||||||||||||||||||||||||
| n | 80 GGA - Certain donations for scientific research or rural development | 5n | 0 | ||||||||||||||||||||||||||||||||||||||||
| o | 80 GGC - Donation to Political party | 5o | 0 | ||||||||||||||||||||||||||||||||||||||||
| p | 80 QQB - Royalty income of authors of certain books. | 5p | 0 | ||||||||||||||||||||||||||||||||||||||||
| q | 80 RRB - Royalty on patents | 5q | 0 | ||||||||||||||||||||||||||||||||||||||||
| r | 80 TTA - Income from Interest on saving bank Accounts | 5r | 0 | ||||||||||||||||||||||||||||||||||||||||
| s | 80 U - In case of a person with disability. | (Select) | 5s | 0 | |||||||||||||||||||||||||||||||||||||||
| 6 | Total Deductions (Total of 5a to 5s) | 6 | 260000 | 6 | 230000 | ||||||||||||||||||||||||||||||||||||||
| 7 | Total Income (4 - 6) | 7 | 420000 | ||||||||||||||||||||||||||||||||||||||||
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(174477 Points)
Replied 04 July 2018
It is working properly as shown in example above......
Before entering any data in 80D column, select your catagory... out of 7 options....
Sanjai B
(78 Points)
Replied 05 July 2018
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