Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

Objection

24 June 2023

Sir I am an accountant and want to know that at the time of of proceedings for ITR 3 the show that you can not claim the deduction under chapter vi and 80 U for Rs 125000/-whereas the assessee have not claim any deduction.please guide me Thanks

Reply
Follow
Share

4 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (166394 Points)
Replied 24 June 2023

It is bug in the software. Go to schedule 'Chapter VI-A' and delete sec. 80U tab.

Upgrade to CAclubindia Pro. Subscribe Now!

Rajat Sharma (496 Points)
Replied 24 June 2023

Sir can I file the return online or xls sheet

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (166394 Points)
Replied 24 June 2023

You can file online, otherwise download Java utility.

1 Like

Meyers Kathleen (4 Points)
Replied 06 July 2023

Chapter VI of the Income Tax Act covers various deductions such as Section 80C (investment-related deductions), Section 80D (health insurance premiums), and Section 80G . It's important to review the specific conditions and limitations mentioned under each section to determine why the deduction may be limited to Rs 125,000. Ensure that the taxpayer meets all the requirements and conditions specified for the particular deduction.