Error-Data entered in Capital Gain in Depreciation Chart is not in match with Capital Gain of depreciable assets
When the Capital Gain/Loss figure in Depreciation Chart of Business and Profession head does not tally with Capital Gain /Loss figure in Capital Gain head, the Income Tax application shows the given Error
To resolve this error follow the below steps:
1.Go to Transaction-->Business &
Profession-->Depreciation Chart 2.Select the Check Mark in Block Nil option
as shown in the image.
3. Go to Transaction-->Capital Gain
4. Select TYPE as Depreciable assets
5. Check whether the amount in the Capital Gain / Loss field matches with the amount in the Capital Gain / Loss in the Depreciation chart
of Business and Profession head.
6.If both the Figures (Capital Gain Summary,Depreciation Chart) tally as shown in the above images, then the error will not appear.
Hope this was helpful ! Watch out this space for more such queries !