E-Filing
Income tax return upload error - In schedule 112A col. 7 Cost of acquisition without indexation is not higher col 8 and col 9
Income tax return upload error - In schedule 112A col. 7 Cost of acquisition without indexation is not higher col 8 and col 9 Possible Solution This error is coming because you have check mark on "allow indexation" in the 112a capital gain entry, ...
Response notice u/s 148
Response notice u/s 148 Issue of notice where income has escaped assessment. 148. (1) Before making the assessment, reassessment or recomputation under section 147, the Assessing Officer shall serve on the assessee a notice requiring him to furnish ...
XML upload error regarding ICDS adjustment
XML upload error regarding ICDS adjustment Possible Solution Example 1 In the case of "Increase in the profit or decrease in loss because of deviation, if any, as per Income Computation Disclosure Standards notified under section 145(2) [column ...
Dot Net Framework error while opening Income Tax Auditor Software / Automation error while generating XML file
This error occur when Dot Net Framework 3.5 is not installed in your system, so regarding this you are requested to please install ' Dot Net Framework 3.5' in system. To resolve this follow the steps below. Install Dot Net ...
Income Tax > Error of Agriculture Income in XML
XML error regarding agriculture income Solution This error comes when you enter agriculture income above 5 lakhs and do not enter land details Go to Transactions > Other Source Income > Agriculture income Enter land detail here Hope this Helps
Business Code related concern
Error : You have entered Business Details under Section 44ADA. Select nature of Business under Professional Category. Solution : Please Select the Proper Business Code according to Department. To Check the list of these code Go to ...
How to resolve the error of "Please enter verification name as per PAN details" during ITR Upload
Issue: - Getting error as “Please enter verification name as per PAN details” Reason:- Name of the Signing Authority is not valid or not matched in the software or Department Website. Solution:- Please check the Name of the Signing ...
Error in income tax Auditor > "Run time error 11” - Division by Zero
Solution: This error generally comes when you have not entered the "Salary for Months / No. of Months" in Transaction Menu. If you have Salary Income then please go to Transactions >> Salary Income and enter “Salary for Months" and save ...
How to resolve the error of "PAN number invalid" during ITR Upload
Issue: - Getting error as “PAN mentioned in Personal / Verification section is invalid” Reason:- The PAN number of the Signing Authority is not valid or not matched in the software or Department Website. Solution:- Please check ...
You have an error in your SQL syntax.
--------------------------- ZenIT --------------------------- [MySQL][ODBC 3.51 Driver][mysqld-4.0.13]You have an error in your SQL syntax. Check the manual that corresponds to your MySQL server version for the right syntax to use near 'BAD"',0)' at ...
TAX Audit Xml validation error "Net Profit at profit 40 RS "X" not match with profit and loss Account RS Y"
3CB- 3CB Xml validation error "Net Profit at profit 40 RS "X" not match with profit and loss Account RS Y" Reasons for error First of all, we have to understand that this is not an error, it is just an information message, it is informing you that ...
ITR Validation Xml error - ISIN Code Invalid
ITR Validation Xml error - ISIN Code Invalid Solution The reason for this error (isin code error) is that you have not entered the ISIN code correctly (as per format) in the entry of capital gains 112a. An ISIN code is a 12-digit alphanumeric ...
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 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 ...
In Income Tax While generating XML, gives error "Bad file name or number"
Solution: This error normally occurs in case the XML saving path is not correct or if you are saving the file on network system and you do not have full rights to access that location. Regarding this please provide the proper permission to the ...
How to File Revised Tax Audit return.
Revised return allows rectifying the error or omission of facts made at the time of filing of the original return. Filing a revised return simply means filing the return again but this time with the correct information. To File a Tax Audit revised ...
Mat Return (form 29b) filling process with DSC
A company is liable to pay tax on income computed in accordance with the provisions of the IT Act, but the profit and loss account of the company is prepared as per the provisions outlined under the Companies Act, 2013 (replacing the former Companies ...
Process to File 10 B Audit Report
In the case of charitable or religious trusts or institutions, the 10B Audit report under section 12A(b) of the Income-tax Act,1961 is filed. To Prepare Form 10B, please follow the steps provided below:- Add Consultant detail - The person, who ...
Process to File 10BB using ZEN IT Auditor
What is form 10BB? Form 10BB is an audit report under section 10(23C) of the Income-Tax Act, 1961, in the case of any fund or trust or institution or any university or other educational institution or any hospital or other medical institution ...
ITR-4 Filing Procedure
A flow is being suggested for entering the information under section 44AD, AE, ADA Business in case of ITR 4 filing Information is required to be filled under the following sections: Balance sheet Profit & loss account Business & profession head ...