Schedule TPSA

Income Tax || Schedule TPSA

Schedule TPSA: Any information regarding taxation on secondary adjustments under Section 92CE (2A).

To fill in details, follow these steps →

STEP 1: Transaction → General Information/BS/P&L → Other Information 1.

      

STEP 2: Check the box indicating "Weather assessee is exercising option under subsection of 2A of section 92ce if yes please click to fill schedule TPSA".

      

STEP 3: Click "Fill TPSA," enter the details, and after completing all the details, click the save button.

      

Hope this guidance is helpful.
    • Related Articles

    • Income Tax Xml upload error regarding schedule 112A

      Income Tax  Xml upload error regarding schedule 112A  - "In Schedule 112A , Col 6 Total Sale Value in not equal to Col. 4*Col. 5 " Possible Regulation  The main reason of this error that value of  "No. of Shares/Units " and "Sale-price per Share/Unit ...
    • Schedule CYLA: Statement of income after set off of current year's losses

      Schedule CYLA: Statement of income after set off of current year's losses If the net result of computation under the head ‘income from house property’, ‘profits and gains from business or profession’ and ‘income from other sources’ is a loss figure, ...
    • Income Tax || Demand Status

      The Income Tax Department (IT Department) thoroughly reviews income declarations and tax payments to ensure their accuracy. Only once it confirms the alignment of these details will the IT Department accept the tax return filed under Section 143(1). ...
    • Income Tax || Section 54 Exemption for Capital Gain

      SECTION 54 EXEMPTION FOR CAPITAL GAINS A person wanted to shift his residence due to certain reason, hence, he sold his old house and from the sale proceeds he purchased another house. In this case the objective of the seller was not to earn income ...
    • Income Tax || Custom Backup

      To take backup of any particular clients please open the spectrum module like Income Tax, TDS and then go to its Tools Menu >> Database Utility >> Custom backup. Now, Select the check box in front of the client for whom you wish to take backup then ...