I have filled in my ITR(2) form / excel and generated the XML file to submit to the Income tax portal.
Unfortunately, it is not allowing me to submit and I am getting the following error. I didn't get any error while generating the XML.
In Schedule S in Field 3 dropdown value of "Sec 10(13A)-Allowance to meet expenditure incurred on house rent" is more than (50% dropdown value of "Basic Salary and Dearness Allowance) or House Rent Allowance" in the Sl.no 1a of all employers of Sch S.
In Schedule S, "Exemption u/s 10(10) for gratuity shall not exceed income offered under the head salary under sub head gratuity recepit and can not exceed Rs 20 Lakhs"
Basic Salary - Employer 1 = 669984
Basic Salary - Employer 2 = 1200000
Less:
Sec 10(10) - Gratuity = 231940
Sec 10(13A) - House Rent Allowance = 169027
Income head salary = 14,26,617
Please advise....
Thank you
Naveen
CAclubindia
