Instructions for filling out FORM ITR-5

These instructions are guidelines for filling the particulars in Income-tax Return Form-5 for the Assessment Year 2020-21relating to the Financial Year 2019-20. In case of any doubt, please refer to relevant provisions of the Income-tax Act, 1961 and the Income-tax Rules, 1962.

1. Assessment Year for which this Return Form is applicable

This Return Form is applicable for assessment year 2020-21only, i.e., it relates to income earned in Financial Year2019-20.

2. Who is eligible to use this Return Form?

This Form can be used by a person being a firm, Limited Liability Partnership (LLP), Association of Persons (AOP), Body of Individuals (BOI), Artificial Juridical Person (AJP) referred to in clause (vii) of section 2(31), local authority referred to in clause (vi) of section 2(31), representative assessee referred to in section 160(1)(iii) or (iv), cooperative society, society registered under Societies Registration Act, 1860 or under any other law of any State, trust other than trusts eligible to file Form ITR-7, estate of deceased person, estate of an insolvent, business trust referred to in section 139(4E) and investments fund referred to in section 139(4F).

However, a person who is required to file the return of income under section 139(4A) or 139(4B) or 139(4D) shall not use this form.

3. Manner of filing this Return Form

This Return Form can be filed with the Income-tax Department electronically on the e-filing web portal of Income-tax Department (www.incometaxindiaefiling.gov.in) and verified in any one of the following manner –

(i) digitally signing the verification part, or

(ii) authenticating by way of electronic verification code (EVC), or

(iii) Aadhaar OTP, or

(iv) by sending duly signed paper Form ITR-V – Income Tax Return Verification Form by post

to CPC at the following address –

“Centralized Processing Centre,

Income Tax Department,

Bengaluru— 560500,

Karnataka”.

The Form ITR-V-Income Tax Return Verification Form should reach within 120 days from the date of e-filing the return.

The confirmation of the receipt of ITR-V at Centralized Processing Centre will be sent to the assessee on e-mail ID registered in the e-filing account.

However, in a case where accounts are required to be audited u/s 44AB, it is mandatory to verify the return electronically under digital signature.

In case an assessee who is required to furnish a report of audit under sections 10AA, 44AB, 44DA, 50B, 80-IA, 80-IB, 80-IC, 80-ID, 80JJAA, 80LA(1), 80LA(1A) 92E, 115JB or 115JC he shall file the report electronically on or before the date of filing the return of income.

4. Filling out the ITR-V –Income Tax Return Verification Form

Where the Return Form is furnished in the manner mentioned at 3(iv), the assessee should Instructions to Form ITR-5 (A.Y.2020-21) print out Form ITR-V-Income Tax Return Verification Form. ITR-V-Income Tax Return Verification Form, duly signed by the assessee, has to be sent by ordinary post or speed post only to Centralized Processing Centre, Income Tax Department, Bengaluru–560500 (Karnataka).

Item by Item Instructions to fill up the Return Form 

Part-A – General Information

Field Name Instruction
PERSONAL INFORMATION
Name Enter the Name as per PAN card
PAN Enter the PAN as in PAN card
Is there any change in the name? If yes, please furnish the old name In case there has been a change in the name as compared to last year, please enter the old name in this column.
Limited Liability Partnership Identification Number (LLPIN)
issued by MCA, if applicable
If you are a Limited Liability Partnership (LLP), please enter the LLPIN issued by the MCA in this column.
Flat/ Door/ Block No. Enter the Flat or House Number
Name of Premises/ Building / Village Enter the name of the Premises or Building or Apartment or Village
Date of Formation
(DD/MM/YYYY)
Please enter the Date of Formation, as mentioned in the application for allotment of PAN.
Date of commencement of business (DD/MM/YYYY) Please enter the Date of commencement of business.
Road/ Street/Post Office Enter the name of the Post office or Road or Street in which the house is situated
Area/ Locality Enter the name of area or locality in which the house is situated
Status Please tick the applicable check box, indicating the status under which the return is being filed, and also choose the applicable sub-status from the drop-down menu-
Code Status Sub-status
1. Firm > Partnership firm

> Limited Liability Partnership (LLP)

2. Local authority
3. AOP/BOI > Society registered under Society Registration Act, 1860 or any other Law corresponding to that State

> Primary Agricultural Credit Society

> Co-operative bank other than a primary agricultural credit society or a primary co-operative agricultural and rural development bank

> Other cooperative society

> Primary Co-operative Agricultural and Rural
Development bank

> Trust other than trust eligible to file return in Form ITR-7

4. Artificial Juridical Person (AJP) > Estate of the deceased

> Estate of the insolvent > Any other AJP

Town/ City/ District Enter the name of town or City or District in which the house is situated
State Select the name of State from the dropdown
Country Select the name of country from the dropdown
PIN Code/ Zip Code Enter the PIN Code/ Zip Code of the Post Office
Office Phone Number with STD code/ Mobile No.1 Enter the office landline number with STD code, or enter PAN holder’s mobile number. This will be used for official communication with the PAN holder.
Mobile No.2 Enter the mobile number of any other person, as an alternative number for communication.
Email Address (Self) Enter the PAN holder’s email address. This will be used for official communication with the PAN holder.
Email Address-2 Enter the Email Address of PAN holder or any other person, as an alternative email address for communication.
FILING STATUS
Filed u/s Please tick the applicable check box, indicating the section under which the return is being filed –

(a) If filed voluntarily on or before the due date, tick ‘139(1)’

(b) If filed voluntarily after the due date, tick ‘139(4)’

(c) If this is a revised return, tick ‘139(5)’

(d) If this is a modified return, filed in accordance with an Advanced Pricing Agreement (APA), tick ‘92CD’

(e) If filed in pursuance to an order u/s 119(2)(b) condoning the delay, tick ‘119(2)(b)’

If revised/ defective/in response to notice for modified then enter Receipt No. and Date of filing original return If this is a revised return, or a return being filed in response to notice under section 139(9), or a modified return filed in accordance with an APA, please enter the acknowledgement number and date of filing of the original return.
Or Filed in response to notice u/s In case the return is being filed in response to a statutory notice, please tick the applicable checkbox –

(a) If filed in response to a notice u/s 139(9), tick ‘139(9)’

(b) If filed in response to notice u/s 142(1), tick ‘142(1)’

(c) If filed in response to notice u/s 148, tick ‘148’

(d) If filed in response to notice u/s 153A, tick ‘153A’

(e) If filed in response to notice u/s 153C, tick ‘153C’.

If filed in response to notice or order, please enter Unique Number/ Document
Identification Number (DIN) & Date of such Notice or Order or if filed u/s 92CD enter date of advance pricing agreement
In case the return is being filed in response to a statutory notice, or in pursuance to an order under section 119(2)(b) condoning the delay, or in accordance with an APA u/s 92CD, please enter the unique number/ Document Identification Number and date of the relevant statutory notice, or the date of condonation order or the date on which the Advanced Pricing Agreement was entered (as applicable).
Whether you are a business trust? Please indicate whether you are a business trust by ticking the applicable check-box.

  •  Yes
  • No
Whether you are an investment fund referred to in section
115UB?
Please indicate whether you are an investment fund referred to in section 115UB, by ticking the applicable check-box.

  • Yes
  • No
Residential Status in India (Tick applicable option) Please specify your residential status in India by ticking the applicable checkbox:

  • Resident.
  • Non Resident
Whether assessee is located in an International Financial Services
Centre and derives income solely in convertible foreign exchange?
If you are located in IFSC and derives income solely in convertible foreign exchange, please tick the applicable checkbox:

  • Yes
  • No
Whether you are recognized as start up by DPIIT In case you are a start-up, please indicate whether you are recognised as start-up by the Department for Promotion of Industry and Internal Trade (DPIIT), by ticking the applicable checkbox.

  •  Yes
  •  No

If yes, please mention the start-up recognition number allotted by the DPIIT in the relevant column.

If yes, please provide start up recognition number allotted by the DPIIT
Whether certificate from inter- ministerial board for certification is received? In case you are a start-up, being an LLP, please indicate whether certificate for the purposes of section 80-IAC has been received from the Inter-Ministerial Board of Certification, by ticking the applicable check-box.

  • Yes
  •  No

If yes, please mention the certification number in the relevant column.

If yes, please provide the certification number
In the case of non-resident, is there a Permanent
Establishment (PE) in India
If you are a non-resident, please specify whether you have a permanent establishment in India by ticking the applicable checkbox:

  • Yes
  •  No
Whether you are an FII/ FPI? Yes/No. If yes, please provide SEBI Regn. No. In case you are registered with SEBI as a Foreign Institutional Investor (FII) or Foreign Portfolio Investor (FPI), tick ‘Yes’ and provide registration number allotted by SEBI. Else tick ‘No’.
Whether this return is being filed by a representative assessee Please tick the applicable check box.

  •  Yes
  • No

In case the return is being filed by a representative assessee,

please furnish the following information:-

(a) Name of the representative

(b) Capacity of the representative (select from drop down list)

(c) Address of the representative

(d) PANof the representative

(e) Aadhaar Number of the representative

Whether you are Partner in a firm? If you were Partner in a firm at any time during the previous year, please tick ‘Yes’ and provide information about name & PAN of the firm.

Else, tick ‘No’.

Whether you have held unlisted equity shares at any time during the previous year? If you have held investment in any unlisted equity shares at any time during the previous year, please tick ‘Yes’ and furnish information about name & PAN of company, type of company, opening balance, shares acquired/ transferred during the year and closing balance, in the given table.

Else, tick ‘No’.

a) If you have held shares of a company during the previous year, which are listed in a recognized stock exchange outside India. You may select “No” here and you are not required to report the requisite details here

b) In case have held equity shares of a company which were previously listed in a recognised stock exchange but delisted subsequently, and became unlisted. In such cases PAN of the company may be furnished if it is available. In case PAN of delisted company cannot be obtained, you may enter a default value in place of PAN, as “NNNNN0000N”.

c) In case unlisted equity shares are acquired or transferred by way of gift, will, amalgamation, merger, demerger, or bonus issue etc., In such cases You may enter zero or the appropriate value against “cost of acquisition” or “sale consideration” in such cases. Please note that the details of unlisted equity shares held during the year are required only for the purpose of reporting. The quantitative details entered in this column are not relevant for the purpose of computation of total income or tax liability.

d) Even in case where you have held shares in an unlisted foreign company which has been duly reported in the Schedule FA. You are required to report the same again in this clause.

e) Even in case where you have held unlisted equity shares as stock-in-trade of business during the previous year you are required to report the same in this clause.

f) In case you are holding equity shares of a Co-operative Bank or Credit Societies, which are unlisted, only the details of equity shareholding in any entity which is registered under the Companies Act, and is not listed on any recognised stock exchange, is only required to be reported.

AUDIT INFORMATION
a) Whether liable to maintain accounts as per section 44AA? Please indicate whether you are liable to maintain books of accounts and other documents u/s 44AA necessary for computation of total income in accordance with the provisions of the Income-tax Act by ticking the applicable checkbox:

  • Yes
  • No

In case you are engaged in any specified profession (i.e. legal, medical, engineering, architecture, accountancy, technical
consultancy, interior decoration or any other notified profession)
, or your income from business or non-specified profession exceeds Rs. 1.2 lakh, or the turnover of such business or non-specified profession exceeds Rs.10 lakh, you are liable to keep and maintain books of accounts and other documents.

a2) Whether assessee is declaring income only under section 44AD/ 44ADA/ 44AE/44B/44B B/44BBA Please indicate whether you are declaring income only under section 44AD/ 44ADA/44AE/44B/44BB/44BBAby ticking the applicable checkbox:

  • Yes
  • No
a2i) If No, whether during the year Total sales/turnover/gross receipts of business exceeds Rs. 1 crore but does not exceeds Rs. 5 Crore? If No is ticked in a2, please indicate whether during the year Total sales/turnover/gross receipts of business exceeds Rs. 1 crore but does not exceeds Rs. 5 Crore by ticking the applicable checkbox:

  • Yes
  • No
a2ii) If Yes is selected at a2i, whether aggregate of all amounts received including amount received for sales,
turnover or gross receipts or on capital account such as capital
contribution, loans etc. during the previous year, in cash, does not exceed five per cent of said amount?
If Yes is ticked in a2i, please indicate whether aggregate of all amounts received including amount received for sales, turnover or gross receipts or on capital account such as capital
contribution, loans etc. during the previous year, in cash, does not exceed five per cent of said amount by ticking the applicable checkbox

  • Yes
  • No
a2iii) If Yes is selected at a2i, whether aggregate of all payments made including
amount incurred for expenditure or on capital account such as asset acquisition, repayment of
loan etc., in cash, during the
previous year does not exceed five per cent of the said payment ?
If Yes is ticked in a2i, please indicate whether aggregate of all payments made including amount incurred for expenditure or on capital account such as asset acquisition, repayment of loan etc. during the previous year, in cash, does not exceed five per cent of the said payment by ticking the applicable checkbox:

  • Yes
  • No
(b) Whether liable for audit under section 44AB? Please indicate whether you are liable to get your accounts audited by an accountant and furnish the report of audit u/s 44AB by ticking the applicable checkbox:

  • Yes
  • No
If (b) is Yes, whether the accounts have been audited by an
accountant?
If Yes, furnish the following
information below
In case you are liable for audit, please indicate whether the accounts have been audited by an accountant and furnish the following details of audit-

(1) Date of furnishing of the audit report (DD/MM/YYYY)

(2) Name of the auditor signing the tax audit report

3) Membership No. of the auditor

(4) Name of the auditor (proprietorship/ firm)

(5) Proprietorship/firm registration number

(6) Permanent Account Number (PAN)/Aadhaar No. of the auditor (proprietorship/ firm)

(7) Date of report of the audit Please ensure that form 3CA-3CD or form 3CB-3CD is filed at efilingporta l

Are you liable for Audit u/s 92E? In case you have entered into an international transaction or specified domestic transaction during the previous year, please tick ‘Yes’ and mention date of furnishing the audit report u/s 92E.

Else, tick ‘No’.

If yes is selected , please ensure that form 3CEB is filed at e-filing portal

Date of furnishing audit report?

DD/MM/YYYY

 

If liable to furnish other audit report under the Income-tax Act, mention the date of furnishing the audit report? (DD/MM/YY)

 

In case you are liable to furnish an audit report under any other provision of the Income-tax Act, please select the relevant clause and section from the given list and mention the date of furnishing such audit report.

List of provisions mandating audit report :-

1. 10A

2. 10AA

3. 44DA

4. 50B

5. 80-IA

6. 80-IB

7. 80-IC

8. 80-ID

9. 80JJAA

10. 80LA

11. 115JC

If liable to audit under any Act other than the Income-tax act, mention the Act, section and date of furnishing the audit report? In case your accounts are required to be audited under any other law (other than Income-tax Act), please select the relevant provision mandating the audit, and mention the date of furnishing such audit report.

List of other laws mandating audit:-

1 Banking Regulation Act, 1949

2 Central Excise Act,1944

3 Central Sales Tax Act, 1956

4 Central Goods and Services Tax Act, 2017

5 Charitable And Religious Trusts Act, 1920

6 Electricity Act, 2003

7 Employees Provident Fund and Miscellaneous Provisions Act, 1952

8 Foreign Exchange Management Act, 1999

9 Government Superannuation Fund Act, 1956

10 Indian Trusts Act, 1882

11 Integrated Goods and Services Tax Act, 2017

12 Limited Liability Partnership Act, 2008

13 Payment of Gratuity Act, 1972

14 SEBI Act, 1992

15 Securities Contract (Regulation) Act, 1956

16 State Goods and Services Tax Act, 2017

17 Union Territories Goods and Services Tax Act, 2017

18 Any other law (please enter details in text box)

Whether there was any change during the previous year in the partners/members of the firm/AOP/BOI (In case of societies and cooperative banks give details of Managing Committee If  Yes, provide the following details) In case you are a firm or AOP or BOI, please indicate whether there was any change in the partners or members or the managing committee, by ticking the applicable check-box:

  • Yes
  • No

If ‘Yes’, please mention name of the partner or member etc. who has been admitted or has retired during the year, date of admission/retirement and also indicate his percentage of shares (if determinate) in the given table.

Is any member of the AOP/BOI/executor of AJP a foreign company? In case you are an AOP or BOI or AJP, please indicate whether any member or any executor is a foreign company, by ticking the applicable check-box:

  • Yes
  • No

If ‘Yes’, please mention the percentage of share held by such foreign company in the AOP or BOI or AJP, in the relevant column.

If Yes, mention the percentage of share of the foreign company in the AOP/BOI/ executor of AJP
Whether total income of any member of the AOP/BOI/executor of AJP (excluding his share from such association or body or executor of AJP) exceeds the maximum amount which is not chargeable to tax in the case of that member? In case you are an AOP or BOI or AJP, please indicate whether total income of any member or any executor exceeds the maximum amount not chargeable to tax, by ticking the applicable check-box:

  • Yes
  • No
Particulars of persons who were partners/ members in the firm/ AOP/ BOI or settlor/ trustee/ beneficiary in the trust or executors in the case of estate of deceased/ estate of insolvent as on 31st day of March, 2020 or date of dissolution If you are a firm, AOP, BOI, trust, estate of a deceased person or estate of an insolvent, please furnish the following details, in respect of the partners/ members/ settlor/ trustee/ beneficiary/ executor, as applicable, as on 31st March, 2020 or on date of dissolution, as per the given table:-

1. Name and address

2.Their respective percentage share (if determinate)

3. PAN

4. Aadhaar Number/ Enrolment Id (if eligible for Aadhaar)

5. Designated Partner Identification Number, in case in case of

partners in LLP

6. Status

7. Rate of Interest on Capital

8. Remuneration paid/ payable

To be filled in case of persons referred to in section 160(1)(iii) or (iv)

 

In case you are a representative assessee, as referred to in section 160(1), please furnish the following information by ticking the applicable check-box.
1 Whether shares of the beneficiary are determinate  or known? Please indicate whether shares of the beneficiary are determinate or known by ticking the applicable check-box:

  • Yes
  • No
2 Whether the person referred in section 160(1)(iv) has Business Income? Please indicate whether the person referred to in section 160(1)(iv) has business income, by ticking the applicable checkbox:

  • Yes
  • No
3 Whether the person referred in section 160(1)(iv) is declared by a Will and /or is exclusively for the benefit of any dependent relative of the settlor and/or is the only trust declared by the settlor? Please indicate whether the person referred to in section 160(1)(iv) is declared by a Will and /or is exclusively for the benefit of any dependent relative of the settlor and/or is the only trust declared by the settlor, by ticking the applicable check-box:

  • Yes
  • No
4 Please furnish the following details (as applicable) Please furnish the following further details, if applicable:-
i Whether all the beneficiaries have income below basic exemption limit? Please indicate whether all the beneficiaries have income below basic exemption limit, by ticking the applicable check-box:

  • Yes
  • No
ii Whether the relevant income or any part thereof is receivable under a trust declared by any person by will and such trust is the only trust so declared by him? Please indicate whether the relevant income or any part thereof is receivable under a trust declared by any person by will and such trust is the only trust so declared by him, by ticking the applicable check-box:

  • Yes
  • No
iii Whether the trust is non-testamentary trust created before 01-03- 1970 for the exclusive benefit of relatives/member of HUF of the settlor mainly dependent on  him/Family? Please indicate whether the trust is non-testamentary trust created before 01-03-1970 for the exclusive benefit of relatives/member of HUF of the settlor mainly dependent on him/family, by ticking the applicable check-box:

  • Yes
  • No
iv Whether the trust is created on behalf of a provident fund, superannuation fund, gratuity fund, pension fund or any other fund created bona fide by a person carrying on Business or profession exclusive for the employees in such Business or Profession? Please indicate whether the trust is created on behalf of a provident fund, superannuation fund, gratuity fund, pension fund or any other fund created bona fide by a person carrying on business or profession exclusive for the employees in such business or profession, by ticking the applicable check-box:

  • Yes
  • No

Nature of Business

Please enter the name of business, business Code and description of business. The applicable business code can be selected from the list provided at the end of this instruction. If you were engaged in more than one business or profession during the previous year, indicate the three main activities or products.

In case sub status selected is “Primary Agricultural Credit Society” or “Primary Co-operative Agricultural and Rural Development bank” or “Other Cooperative Society” then additional fourteen activities can be selected from the list of business codes for co-operative societies activities provided at the end of this instruction.

However, in case you are declaring income from business or profession on presumptive basis u/s. 44AD, u/s. 44ADA or u/s. 44AE, please fill up the details of nature of business at column 62 or column 63 or column 64 of Part A- P&L (as applicable) instead of this schedule.

PART A – BS (Item No. A, B and C)

In this part, please fill up the details of the Balance Sheet items as on 31st March, 2020 or as on the date of dissolution, as per the given format, in respect of the business or profession carried out during the financial year2019-20 .

The reported figures of the balance sheet should match with the audited balance sheet,in case the accounts were required to be audited. Any other activity not being accounted in the books of accounts of business or profession, need not be included in this balance sheet.

However, in case you were not required to maintain regular books of account of the business or profession, please fill up only the summary details sought at item No. C (No Account Case) of this part and leave out other items

Part A – Manufacturing Account (Item No. 1 to 3)

In this part, please fill up the details of Manufacturing Account for the financial year 2019-20 such as the opening inventory, purchases, direct wages, direct expenses, factory overheads and closing stock. At item No. 3 of this part, the cost of goods produced is computed on the basis of figures reported for debits to manufacturing account and closing stock etc. which is then transferred to item No. 11 of trading account.

However, in case you were not required to maintain regular books of account of the business or profession, please fill up only the details sought at item No. 62 or 63 or 64 or 65 or 66 of Part A – P&L, whichever is applicable, and leave out this part.

Part A-Trading Account (Item No. 4 to 12)

In this part, please fill up the details of Trading Account for the financial year 2019-20 such as Sales/Gross receipts of business/profession, duties, taxes and cess etc. in respect of supplies, closing stock and opening stock of finished goods, purchases, direct expenses, duties/taxes etc. in respect of purchases. At item No. 12 of this part, the gross profit from business/profession is computed on the basis of figures reported for sales etc. which is then transferred to item No. 13 of profit and loss account.

However, in case you were not required to maintain regular books of account of the business or profession, please fill up only the details sought at item No. 62 or 63 or 64 or 65 or 66 of Part A – P&L, whichever is applicable, and leave out this part.

Part A – P& L (Item No. 13 to 61)

In this part, please fill up the details of the profit and loss account for the financial year 2019­20 as per the given format, in respect of the business or profession carried out during the financial year 2019-20

In case you were required to maintain regular books of accounts for the business or profession, please fill up details at item No. 13 to 61.

In case you are not required to maintain regular books of accounts, please fill up details at item No. 62 or 63 or 64 or 65 or 66 of this part, whichever is applicable, and leave out other items.

The reported figures of the profit and loss account should match with the audited profit and loss account, in case the accounts were required to be audited. Any other activity not being accounted in the books of accounts of business or profession need not be included in this profit and loss account.

Part A – P& L (Item No. 62)

Please fill up item No. 62 only in case you are a partnership firm (other than LLP), resident in India, and declaring income from any business activity on presumptive basis as per section 44AD. Please also ensure that the receipts/income from such business activity should not be included in the receipts/income from business or profession being reported at item Nos. 1 to 61.

In the table, please enter the name of business, business code and description of business. The applicable business code can be selected from the list provided at the end of this instruction.

The gross turnover or receipts from the business during the financial year should be reported at column 62(i). The break-up of total turnover in terms of turnover realised through digital modes and turnover realised through other modes (cash etc.) should also be furnished at columns 62(ia) and 62(ib) respectively.

The presumptive income from the business should be reported at column 62(ii), which is required to be computed @ 6% in respect of turnover realised through digital modes and @ 8% in respect of turnover realised through other modes (cash etc.).

In case you have actually earned income at the rates higher than the specified percentage of turnover (i.e. 8% or 6%, as applicable), please note that you have to declare income at such higher rate.

However, if the income being declared is less than the specified percentage of turnover, it is mandatory to maintain books of accounts and get the same audited under section 44AB. In such case, the details of tax audit have to be mentioned in Part-A (General) – Audit information and the details of income etc. have to be reported in the regular columns i.e. item No. 1 to 61.

Part A – P& L (Item No. 63)

Please fill up item No. 63 only in case you are a partnership firm (other than LLP), resident in India, and declaring income from any professional activity on presumptive basis as per section 44ADA. Please also ensure that the receipts/income from such profession activity should not be included in the business or profession being reported at item Nos. 1 to 61.

In the table, please enter the name of profession, business code and description of profession. The applicable business code can be selected from the list provided at the end of this instruction.

The gross receipts from the professional activity during the financial year should be reported at column 63(i).

The presumptive income from the professional activity should be reported at column 63(ii), which is required to be computed @ 50% of gross receipts.

In case you have actually earned income at the rates higher than the specified percentage of gross receipts (i.e. 50%), please note that you have to declare income at such higher rate.

However, if the income being declared is less than the specified percentage of gross receipts, it is mandatory to maintain books of accounts and get the same audited under section 44AB. In such case, the details of tax audit have to be mentioned in Part-A (General) – Audit information and the details of income etc. have to be reported in the regular columns i.e. item No. 1 to 61.

Part A – P& L (Item No. 64)

Please fill up item No. 64 only in case you are declaring income from business of plying, hiring or leasing of goods carriages on presumptive basis as per section 44AE. Please also ensure that the receipts/income from such business activity should not be included in the business or profession being reported at item Nos. 1 to 61.

In the first table, please enter the name of business, business code and description of business. The applicable business code can be selected from the list provided at the end of this instruction.

In the second table at S. No. .64(i), please enter the details of registration No., ownership, tonnage capacity, period of ownership and presumptive income in respect of each goods carriage in the respective column. These details are to be furnished separately for each goods carriage owned during the year, in separate rows. Please note at any time during the year the number of vehicles should not exceed ten vehicles.

In the column on ownership [column No. (2)], please indicate whether the goods carriage was engaged for plying, hiring or leasing by the assessee. In the column on period of ownership [column No. (4)], please mention the number of months for which the goods carriage was engaged in plying, hiring or leasing by the assessee.

The total presumptive income from the business of goods carriages should be reported at S. No. .column 64(ii), which is the aggregate amount of presumptive incomes from each goods carriage reported at column (5) of the second table. These details are to be furnished separately for each goods carriage owned during the year, in separate rows. Please note at any time during the year the number of vehicles should not exceed, ten vehicles

In case you have actually earned income at the rates higher than the specified rate per vehicle per month, please note that you have to declare income at such higher rate.

However, if the income being declared is less than the specified rates per vehicle, or number of vehicles exceeds ten at any time during the year, it is mandatory to maintain books of accounts and get the same audited under section 44AB. In such case, the details of tax audit have to be mentioned in Part-A (General) – Audit information and the details of income etc. have to be reported in the regular columns i.e. item No. 1 to 61.

Part A – P& L (Item No. 65)

In case you are not required to maintain regular books of accounts in respect of the business or profession carried on during the year, please fill up the summary details in respect of such activity at column 65 viz. gross receipts, gross profit, expenses and net profit.

Part A – P& L (Item No. 66)

In case you are engaged in any speculative activity during the year, please fill up the summary details in respect of such activity at column 66 viz. turnover, gross profit, expenses and net income.

PART A- OI (Other Information)

This Schedule contains details of allowances & disallowances under Income Tax Act. In case the books of accounts of the business or profession were required to be audited under section 44AB, it is mandatory to fill up the information sought at various items (item No. 1 to17) of this part. Otherwise, please fill up the information at items which are applicable. Blank numeric fields will be treated as zeroes

Further, the figures mentioned against those items which are also required to be reported in the tax audit u/s 44AB should match with the information given in the tax audit report.

PART A- QD (Quantitative Details)

In Part A-QD, the quantitative details of trading and manufacturing account are required to be furnished in respect of principal items.

In case the books of accounts of the business or profession were required to be audited under section 44AB, it is mandatory to fill up the information sought at various items of this part.

In case of a trading concern, please fill up the quantitative details of opening stock, purchase and sales during the year and closing stock for principal items.

In case of a manufacturing concern, please fill up the quantitative details of main items of raw materials (viz. opening stock; purchase, consumption and sales during the year; closing stock & yield of finished products) and quantitative details of main items of finished products and by-products (viz. opening stock; purchase, manufacturing and sales during the year; closing stock).

Schedule HP- Details of Income from House Property

Please indicate ownership of the house property, income from which is being reported in this Schedule, by selecting from the list in the drop down menu – Self/ Deemed Owner
Field Name Instruction
Address of property Please enter the complete address of the property including name of town or city, State, country and Pin code/Zip code. The name of State and country has to be selected from the drop down list.
Town/City
State
Pin code/ Zip code
Owner of Property Is the property co-owned Please select the owner of the property from the dropdown menu:

  • Self
  • Deemed Owner

Please state whether the property is co-owned by you along with other owners by ticking the applicable checkbox –

  • Yes
  •  No
Assessee’s percentage of share in the Property % f yes, please specify your percentage share in the property in the given box.
Name of other Co-owners If yes, please specify the name, PAN, Aadhaar No. and respective percentage shares of other co-owners of the property. Please add rows as necessary.
PAN of Co-owner(s)
Aadhaar No. of Co-owner(s)
Percentage share in property (%)
Type of House property Please tick the applicable check box, indicating the usage of the house property during the previous year-

(a) If the house property consist of a house, or part of a house, which is self-occupied, or treated as self-occupied u/s 23(2), tick ‘Self-Occupied’

(b) If the house property, or part thereof, was actually let out during whole or part of the year, tick ‘Let Out’

(c) If the house property, or part thereof, is deemed to be let out u/s 23(4), tick ‘Deemed Let Out’.

Name(s) of Tenant (if let-out) If the property was actually let out during the year or part of the year, please mention name, PAN. Aadhaar No. and TAN of the tenant(s). Furnishing of PAN of tenant is mandatory if tax has been deducted at source u/s 194-IB. Furnishing of TAN of tenant is mandatory if tax has been deducted at source u/s 194-I.
PAN of Tenant(s)
Aadhaar No. of Tenant(s)
PAN/TAN/ Aadhaar No. of Tenant(s) (if TDS credit is claimed)
1a Gross rent received/ receivable/ lettable value during the year If the house property is actually let out, please enter the amount of actual rent received or receivable in respect of the property during the year. Otherwise, enter the amount for which the property might reasonably be expected to let during the year.
1b The amount of rent which cannot be realised Please enter the amount of rent, out of the Gross rent receivable, which cannot be realised by the owner and has become irrecoverable. [Please refer Rule 4 and Explanation below sub-section (1) of section 23]
1c Tax paid to local authorities Please enter the amount of tax on house property which has been actually paid during the year, to local authorities such as municipal taxes paid etc.
1d Total (1b + 1c) This is an auto-populated field representing the aggregate of unrealised rent [1b] and taxes paid to local authorities [1c].
1e Annual Value (1a–1d) This is an auto-populated field representing the amount of Gross rent [1a] as reduced by amounts deductible therefrom for computing annual value [1d]. In case of self-occupied property, this field shall be taken as nil.
1f Annual value of the property owned Please compute the annual value of the share of property which is owned by you, by multiplying the annual value arrived at column (1e) with your percentage share in the property.
1g 30% of 1f Please enter 30% of Annual Value of your share of your property.
1h Interest payable on borrowed capital

 

In case the property has been acquired/ constructed/ repaired/ renewed/ reconstructed with borrowed capital, please enter the actual amount of interest payable on such borrowed capital.

In case the house property is ‘self-occupied’ as per provisions of section 23(2), the amount of interest payable on borrowed capital shall be restricted to Rs. 2 lakh or 30 thousand, as the case may be.

1i Total (1g + 1h) This is an auto-populated field representing the aggregate of amounts deductible u/s 24 under the head ‘house property’, namely, 30% of annual value [1g] and interest payable on borrowed capital [1h].
1j Arrears/Unrealized rent received during the year less 30% In case arrears of rent have been received, or unrealised rent has been realised subsequently from a tenant in respect of the house property, during the year, please enter the amount of arrears/unrealized rent so received, after reducing a sum equal to 30% of the arrears/unrealised rent.
1k Income from house property 1 (1f-1i+1j)

 

This is an auto-populated field representing the net income from house property which is computed as annual value [1f] as reduced by total amounts deductible u/s 24 [1i] and as increased by arrears of rent etc. [1j]
Please fill up all the details above separately for each property owned or co-owned by you during the year income from which is assessable under the head ‘house property’ and compute net income from each house property separately.
2 Income from house property 2 (2f-2i+2j) This represents income from house property-2 which is computed in a similar manner as given at item No. 1 above.
3 Pass through income/loss, if any The details of pass through income/loss from business trust or investment fund as per section 115UA or 115UB are required to be reported separately in Schedule PTI.

If any amount of pass through income reported therein is of the nature of house property income, the same has to be reported at this column in the Schedule HP for including the same in headwise computation.

4 Income under the head “Income from house property” This is an auto-populated field representing the aggregate of net incomes from all house properties owned during the year [1k + 2k + ………] and also the pass through income/loss of the nature of house property [3].

Schedule BP – Computation of income from business or profession

In this Schedule, income chargeable under the head ‘Profits and gains of business or profession’ is computed starting from the net profit before taxes arrived at in the profit and loss account which is appearing at item No. 54 or item No. 62(ii) or item No. 63(ii) or item No. 64(iv) or item No. 65(iii) or item No. 66(iv).

Note: In case, the income includes income from royalty and FTS and if you want to claim benefit of lower tax rate of DTAA, then this income shall be reported in Schedule OS. If the same is included in Part A- P&L you may reduce the same from income chargeable under the head business & profession at Sr. No. 3c and report the income under Schedule Other Sources.

In case any amount is reduced from credit side of profit and loss account to be shown under any other head of income, please ensure that the same is correctly reported in the corresponding head of income.

In case any amount is reduced from credit side of profit and loss account being exempt income, please ensure that the same is correctly reported in the schedule of exempt income.

Thereafter, profits or incomes of the following nature, which are included in the above net profit are deducted therefrom for separate consideration:-

  • Profit from speculative businesses
  • Profit from specified businesses u/s 35AD
  • Income credited to P&L which is to be considered under other heads of income/chargeable u/s 115BBF/ chargeable u/s 115BBG
  • Incomes chargeable at special rates
  • Profits from business or profession computed on presumptive basis
  • Incomes credited to P&L which is exempt
  • Profit and gains from Life insurance business u/s 115B
  • Income from activities which are covered under Rule 7, 7A, 7B and 8

Expenses debited to the P&L account relating to the above categories of income are added back along with book depreciation and amortization. The depreciation admissible as per the provisions of the Income-tax Act is deducted to arrive at profit after adjustment of depreciation at item No. 13.

Item No.14 to item No. 19, list various disallowances of expenses debited to the P&L account whereas item No. 20 to 25 provide for additions of deemed incomes under various provisions of the Act. Out of these, item No. 23 is the residual column for entering any other type of income to be added. Any other income which is not included in the P&L account such as salary, commission, bonus or interest earned by the individual/HUF from any firm as a partner, should be separately reported at item No. 24. The aggregate amount of additions and disallowances are captured as an auto-filled figure at item No. 26.

Further, item No. 27 to item No. 33 provide for deductions allowable under various provisions. Out of these, item No. 32 is a residual column for entering any other amount allowable as deduction. The aggregate amount of deductions allowable are captured as an auto-filled figure at item No. 34.

The net business income is computed at item No. 35, after adding the aggregate amount of additions and disallowances (item No. 26) to the adjusted profit and loss (item No. 13) and reducing the permissible deductions therefrom (item No. 34).

The profits and gains from business and profession computed as per special provisions on presumptive basis are reported separately at item No. 36. Profits in respect of each such activity should be reported as a separate line item.

The total net profit from business or profession is computed at item No. 37 as aggregate of net business income (item No. 35) and profits computed on presumptive basis (item No. 36).

In a case where income from activities covered under Rule 7, 7A, 7B and 8 is included in the P&L account, the break-up of deemed business income chargeable under these rules and business income chargeable other than these rules is required to be mentioned at item No. 38. In such a case, balance of income deemed as agricultural income should be reported at item No.39.

In any other case, only the figure of net profit from business or profession computed at item No. 37 should be reported at item No. 38.

Note: In case you are reporting loss at Sr. No. 38 of Schedule Business or Profession or in at Sr. No. 65(i)(b), 65(i)(d),65(ii)(b) and 65(ii)(d), 66ii, 66iv in P&L (No account case) then you are required to maintain books of accounts and get them audited. Alternatively, you should report minimum 8% of turnover as your income else your return may be treated as defective.

Please ensure that following audit report have been filed on or before one month prior to due date of filing of return u/s 139(1) in the following cases: –

Section Form Number
Deduction claimed u/s 33AB(2) 3AC
Deduction claimed u/s 33ABA(2) 3AD
Deduction claimed u/s 35D/35E (form to be filed only when deduction is claimed for the first time ) 3AE
Income taxable u/s 44DA 3CE

Part B of this Schedule provides for separate computation of income from speculative business, in case any profit from speculative business was included in the P&L account.

Part C of this Schedule provides for computation of income from specified business u/s 35AD, in case any profit from specified business was included in the P&L account.

The total income chargeable under the head ‘profits and gains from business and profession’ is computed at Part D of this Schedule, as aggregate of net profit from business or profession other than specified business or speculative business (item No. A38), income from speculative business (item No. B43) and income from specified business (item No. C49).

Profit and gains from life insurance business referred to in section 115B mentioned in serial number 4b should be further taken to Table E and accordingly will be offered for Intra head set off of business loss of current year in Table F.

Please note the amount at E(ii) and E(iii) should be equal to Zero/Null as taxpayer cannot claim any deductions from the income of life insurance business u/s 115B as per the First Schedule of the Income Tax Act, 1961.

Part F of this Schedule provides for intra-head set off of normal business losses with incomes from specified business or speculative business or Insurance business during the current year. Losses from specified businesses or speculative businesses or Insurance business u/s 115B, if any, are not allowed to be set off against normal business income.

Schedule DPM

Schedule DPM provides for computation of depreciation admissible under the Income-tax Act for the year in respect of plant and machinery. This does not include plant and machinery on which full capital expenditure is allowable.

Schedule DOA

Schedule DOA provides for computation of depreciation admissible under the Income-tax Act for the year in respect of other category of assets – land, building, furniture and fittings, intangible assets and ships. This does not include assets on which full capital expenditure is allowable.

Schedule DEP

Schedule DEP contains a summary of depreciation admissible under the Income-tax Act for the year in respect of all category of assets – plant and machinery, land, building, furniture and fittings, intangible assets and ships. This does not include assets on which full capital expenditure is allowable. The figures in this Schedule are taken as computed in the relevant column (s) of Schedule DPM and Schedule DOA.

Schedule DCG

Schedule DCG contains a summary of deemed short-term capital gains on sale of depreciable assets during the year as per the Income-tax Act under various category of assets – plant and machinery, land, building, furniture and fittings, intangible assets and ships. The figures in this Schedule are taken as computed in the relevant column (s) of Schedule DPM and Schedule DOA.

Schedule ESR

Schedule ESR captures the details of expenditure on scientific research etc. referred to in section 35, expenditure on agricultural extension project referred to in section 35CCC and expenditure on skilled development project referred to in section 35CCD. The amounts of specified nature debited to the P&L account, if any, should be reported in column (2) of the Schedule. Out of this, the amount which is eligible for deduction under the relevant provision i.e. section 35, section 35CCC or section 35CCD should be reported in column (3).

Further, in case any deduction has been claimed on account of donations to research associations etc., the name, address and PAN of donee and the mode of donation paid should be provided as per Schedule RA.

Schedule CG – Capital Gains

Capital gains arising from sale/transfer of different types of capital assets have been segregated. In a case where capital gains arises from sale or transfer of more than one capital asset, which are of same type, please make a consolidated computation of capital gains in respect of all such capital assets of same type, except for following: –

(a) In case of Long term/Short Term Capital Gain arising on sale of Immovable property i.e. A1 & B1 where capital gain are required to be computed separately for each property and

(b) In case of long term capital gains (LTCG) arising on sale of equity shares in a company or unit of equity oriented fund or unit of business trust on which STT is paid, computation of capital gains should be made as per item No. B5) or item No. B8

Please note that separate computation of capital gains should be made for each scrip or units of mutual fund sold during the year as per schedule 112A & 115AD(1)(b)(iii)-proviso. The net capital gains arising on sale of individual scrips should be aggregated and will be transferred to B5 & B8 respectively. Thereafter, tax shall be charged at a flat rate of 10% on the aggregate LTCG, for the purpose of tax computation.

Part A of this Schedule provides for computation of short-term capital gains (STCG) from sale of different types of capital assets. Out of this, item No. A4 and A5 are applicable only for non­residents.

Part B of this Schedule provides for computation of long-term capital gains (LTCG) from sale of different types of capital assets. Out of this, item No. B6, B7 and B8 are applicable only for non­residents.

STCG/LTCG on sale of immovable property, if any, should be reported at item No. A1/B1. It is mandatory to disclose the details of immovable property, name and PAN of the buyer etc. as per the given table. These details should be furnished separately for each immovable property transferred during the year.

a) If you have sold land and building, quoting of PAN of buyer is mandatory only if tax is deducted under section 194-IA or is mentioned in the documents.

b) If you are a resident and have sold land and building situated outside India, then the details of property and name of buyer should invariably be mentioned. However, quoting of PAN of buyer is mandatory only if tax is deducted under section 194-IA or is mentioned in the documents.

The details of pass through income/loss from business trust or investment fund as per section 115UA or 115UB are required to be reported separately in Schedule PTI. In case any amount of pass through income/loss reported therein is of the nature of short-term capital gain, the same has to be reported at item No. A8 of this Schedule. Further, in case any amount of pass through income/loss reported therein is of the nature of long-term capital gain, the same has to be reported at item No. B11 of this Schedule.

Amount of STCG/ LTCG on assets referred in A1-A8/ B1- B11 which is chargeable at special rates or not chargeable to tax in India in accordance with the relevant article of Double Taxation Avoidance Agreement (DTAA) of India with another country, if any, should be reported at item no. A9/ B12.

In the given table, please report the amount of income at column (2) and furnish other relevant details sought in the table such as relevant article of DTAA at column (5), treaty rate at Column (6), rate as per Income Tax Act at Column (9) and the applicable rate, which is lower of the two rates, at Column (10). Please report whether Tax Residency Certificate (TRC) is obtained from the country of residence in Column (7). This column is applicable only in case of Non-Residents. Please note, if TRC Flag is ‘No’, income will be chargeable as per the applicable rates specified in Part A/B.

Part C of this Schedule computes the total of short-term capital gain (item No. A10) and long­term capital gain (item No. B13). In case the total amount of long-term capital gain at item No. B13

Instructions to Form ITR-5 (A.Y.2020-21) is a loss figure, the same shall not be allowed to be set off against short-term capital gains. In such a case, the figure at item No. B13 should be taken as Nil and only the figure of item No. A10 should be taken as item C.

Deductions can be claimed in respect of capital gains subject to fulfillment of prescribed conditions under sections 54D or 54EC or 54G or 54GA. Deductions under section 54EC is available only against long-term capital gains. In case any deduction is claimed against any type of capital gains, the details of such claim have to be furnished as per part D of this Schedule.

Part E of this Schedule provides for intra-head set off of current year capital losses with current year capital gains. The Schedule separates different category of capital gains (long-term and short-term) into different baskets according to rate at which the same is chargeable to tax. The applicable rate implies the rate of tax at which the normal income of the assessee is otherwise taxable. The DTAA rate refers to the special rate at which the short-term capital gains or long-term capital gains is chargeable to tax in accordance with the relevant article of the Double Taxation Avoidance Agreement (DTAA) of India with another country.

The figures in column 1 list out the categories of capital gains against which capital losses of the current year can be set off. Similarly figures in row ‘i’ provides for different categories of capital losses of the current year which can be set off against capital gains in column 1. The figures in row ‘i’ and column ‘1’ are derived from addition of figures computed at relevant items of Schedule CG as indicated. Thus, (A3e*+A4a*+A8a*) is addition of short-term capital gains reported at items Nos. A3e, A4a and A8a as reduced by the amount of short-term capital gains not chargeable to tax or chargeable to tax at DTAA rates which is included therein. Further, if (A3e*+ A4a*+A8a*) represents a negative figure it should be filled in cell ‘2i’ and if it is a positive figure it should be filled in cell ‘1ii’. The assessee may set off the capital loss of row ‘i’ with any category of capital gains in column ‘1’ except that the long-term capital loss can only be adjusted with any long-term capital gains only. The amount of capital loss set off has to be entered into in the relevant rows of columns 2 to 8. The capital gains of current year remaining after intra-head set off is computed in column 9, which is then taken to Schedule CYLA for computing inter-head set off of current year losses. The remaining capital loss of current year is computed in row (x) which is taken to Schedule CFL for reporting of losses to be carried forward to future years.

In Part F of this Schedule, please report the quarter-wise details of accrual or receipt of incomes under the head ‘capital gains’ as per the table given.

The details of accrual or receipt have to be furnished separately for short-term capital gains (STCG) taxable at different rates and long-term capital gains (LTCG) taxable at different rates, for all quarters. The amounts of STCG and LTCG, in respect of which a quarter-wise break-up is required to be furnished, should be taken as computed in column 5 of Schedule BFLA, i.e. capital gains remaining after set-off of current year losses and brought forward losses.

For computing long-term capital gain, cost of acquisition and cost of improvement may be indexed, if required, on the basis of following cost inflation index notified by the Central Government for this purpose.

S. No. Financial Year Cost Inflation
Index
1. 2001-02 100
2. 2002-03 105
3. 2003-04 109
4. 2004-05 113
5. 2005-06 117
6. 2006-07 122
7. 2007-08 129
8. 2008-09 137
9. 2009-10 148
10. 2010-11 167
11. 2011-12 184
12. 2012-13 200
13. 2013-14 220
14. 2014-15 240
15. 2015-16 254
16. 2016-17 264
17. 2017-18 272
18. 2018-19 280
19 2019-20 289

If capital gain is arising from the slump sale u/s 50B i.e. figures are reported in A2/B2 of schedule CG, please ensure that form 3CEB is filed at e-filing portal on or before one month prior to due date of filing of return u/s 139(1).

Schedule 112A & Schedule 115AD(1)(b)(iii)-Proviso

In Schedule 112-A – please enter the scrip wise/unit wise detail of sale of equity shares of a company, an equity-oriented fund, or a unit of a business trust on which STT is paid under section 112A.This schedule is applicable for both residents & Non Residents

In Schedule 115AD(1)(b)(iii) proviso – please enter the scrip wise/unit wise detail of sale of equity shares of a company, an equity-oriented fund, or a unit of a business trust on which STT is paid under section 112A read with section 115AD(1)(b)(iii)-proviso. This schedule is applicable for Foreign Institutional Investors (FII)

Field No. Field Name Instruction
1 S. No Please enter the serial no. The row can be added was required
2 ISIN Code Enter the International Securities Identification Number (ISIN code) in the text box.

Note: In case the security or share does not have an ISIN Code, then use “INNOTAVAILAB” as ISIN Code.

3 Name of the Share/Unit Please enter the name of share/unit in the given box
4 No. of Shares/Units Enter the number of shares/units sold in the given box.
5 Sale-price per Share/Unit Please enter the sale price per share/unit in the given box.
6 Full value consideration (Total Sale Value 4*5) This field will be auto populated as No of shares/units (4) multiply with sale price per unit (5)
7 Cost of acquisition without indexation The Cost of acquisition without indexation will be auto populated as higher of Column 8 or Column 9
8 Cost of acquisition Enter the amount in the text box.
9 If the long-term capital asset was acquired before 01.02.2018, lower of 11 & 6 This field will be auto populated as the lower of Column 11 & Column 6
10 Fair Market Value per share/unit as on 31st January,2018 Enter the fair Market Value per share/unit as on 31st January,2018 in the text box.

If shares/units are acquired after 31 January 2018 then please mention zero.

11 Total Fair Market Value of capital asset as per Section 55(2) (ac)- (4*10) This field will be auto-populated as the value of Column 4 multiplied with Column 10.
12 Expenditure wholly and exclusively in connection with transfer Enter the amount of expenditure wholly and exclusively in connection with transfer in the given box.
13 Total deductions (7+12) This field will be auto populated as the sum of Column 7+ Column 12
14 Long term capital Gain Balance (6–13) Item 5 of LTCG Schedule of CG This field will be auto-populated as the value at column 6- Value at Column 13.
Item 8 of LTCG Schedule CG
Total of each column These fields should auto populate as sum of columns 6, 7, 8, 9, 11, 12, 13 and 14

Schedule-OS Income from other sources

S. No. Field Name Instruction
1 Gross income chargeable to tax at normal applicable rates Please enter the gross amount of income from other sources which are chargeable to tax at normal  applicable   rates.  This  is  an  auto- populated field representing the aggregate of figures reported at column 1a, 1b, 1c, 1d and 1e below.
1a Dividends, Gross (not exempt u/s. 10(34) and u/s. 10(35)) Please enter the amount of gross dividend income which is chargeable to tax at normal applicable rates.
1b Interest, Gross Please enter the gross amount of interest income which is chargeable to tax at normal applicable rates. Please indicate break-up of interest income from separate sources such as interest from savings bank account, interest on deposits with banks,  post  office   or   co-operative society, interest on income-tax refund, any pass through income/loss in the nature of interest or any other interest income.
1c Rental income from machinery, plants, buildings etc., Gross Please enter the gross amount of rental income from letting of machinery, plants, furniture or buildings  belonging  to assessee which is chargeable under the head ‘income from other sources’ under sections 56(2)(ii) or 56(2)(iii).
1d Income of the nature referred to in  section  56(2)(x) which   is
chargeable to tax
Please enter the total amount of income of the nature referred to in section 56(2)(x) which is chargeable to tax at normal applicable rates. This is an auto-populated   field representing  the aggregate of figures reported at column di, dii, diii, div and dv below.
1di Aggregate value of sum of money received without consideration Please enter the aggregate value of any sum of money received without consideration, in case the aggregate value exceeds Rs. 50,000/-.
1dii In case immovable property is received without consideration, stamp duty value of property Please enter the stamp duty value of property received without  consideration, in case the stamp duty value exceeds Rs. 50,000/-.
1diii In case immovable property is received     for inadequate
consideration, stamp duty value of property in excess of such consideration
Please enter the stamp duty value of property in excess of consideration, in case the stamp duty value exceeds the consideration by more than Rs. 50,000/- or 5% of the consideration, whichever is higher.
1div In case any other property is received without consideration, fair market value of property Please enter the aggregate Fair Market Value (FMV) of the property received without consideration, in case FMV exceeds Rs. 50,000/-.
1dv In case any other property is received for inadequate consideration, fair market value of property in excess of such consideration Please enter the aggregate Fair Market Value (FMV) of the property    in  excess of the consideration, in case the FMV exceeds the consideration by more than Rs. 50,000/-.
1e Any other income (please specify nature) Please enter any other income chargeable under the head ‘income from other sources’, at normal rates. Please specify nature and amount of such income.
2 Income chargeable at special rates (2a+ 2b+ 2c+ 2d + 2erelating to 1) Please enter the gross amount of income from other sources which is chargeable to tax at special rates such as winning from lotteries, income chargeable u/s 115BBE etc. This is an auto-populated field representing the aggregate of figures reported at column 2a, 2b, 2c, 2d and 2e below. Please note, for Non-residents elements relating to S. No. 1 will be added only if TRC Flag is Y at Column No. 7 of S. No. 2e. Please ensure that these    incomes   are also reported in Schedule SI (Income chargeable to tax at special rates) for proper computation of tax liability.
2a Winnings from lotteries,
crossword puzzles etc.
chargeable u/s 115BB
Please report in this column, any income by way of winnings from any lottery or crossword puzzle or race including horse race or card game and other game of any sort or gambling or betting of any form or nature which is chargeable at special rates u/s 115BB.
2b Income chargeable u/s 115BBE (bi + bii + biii + biv+ bv + bvi) Please  report   in    this   column,  aggregate  of incomes of the nature referred to in section 115BBE which are chargeable at special rates as prescribed therein. This is an auto-populated field  representing   the aggregate of  figures reported at columns 2bi, 2bii, 2biii, 2biv, 2bv and 2bvi below.
2bi Cash credits u/s 68 Please report in this column any sum in the nature of unexplained cash credit, deemed as income of the year u/s 68.
2bii Unexplained investments u/s 69 Please report in this column any unexplained investment which is not recorded in the books of accounts, deemed as income of the year u/s 69
2biii Unexplained money etc. u/s 69A Please report in this column any unexplained money, bullion, jewellery or other valuable article which is not recorded in the books of accounts, deemed as income of the year u/s 69A.
2biv Undisclosed investments etc. u/s 69B Please report in this column any unexplained investment or any bullion, jewellery or other valuable article which is not fully recorded in the books of accounts, deemed as income of the year u/s 69B.
2bv Unexplained expenditure etc. u/s 69C Please report in this column, any unexplained expenditure or part thereof, deemed as income of the year u/s 69C.
2bvi Amount borrowed or repaid on hundi u/s 69D Please report in this column any amount borrowed on a hundi, or any repayment being due on a hundi, otherwise than through an a/c payee cheque drawn on a bank, deemed as income of the year u/s 69D.
2c Any other income chargeable at special rate (total of ci to cxix) Please report in this column any other income under the head ‘income from other sources’ which is chargeable to tax at special rates. Please select the nature of income from drop down menu and enter the amount. In case of more than one type of income, please report each income as a separate line item. Please ensure that these incomes are also reported in Schedule SI (Income chargeable to tax at special rates) for proper computation of tax liability.
List of types of income chargeable at special rate

 

(i) Dividends received by non-resident (not being company) or foreign company  chargeable u/s 115A(1)(a)(i)
(ii) Interest received from Government or Indian concern on foreign currency debts chargeable u/s 115A(1)(a)(ii)
(iii) Interest received from Infrastructure Debt Fund chargeable u/s 115A(1)(a)(iia)
(iv) Interest referred to in section 194LC – chargeable u/s 115A(1)(a)(iiaa)
(v) Interest referred to in section 194LD – chargeable u/s 115A(1)(a)(iiab)
(vi) Distributed income being interest referred to in section 194LBA – chargeable u/s 115A(1)(a)(iiac)
(vii) Income from units of UTI or other Mutual Funds specified in section 10(23D), purchased in Foreign Currency – chargeable u/s 115A(1)(a)(iii)
(viii) Income from royalty or fees for technical services received from Government or Indian concern – chargeable u/s 115A(1)(b)(A) & 115A(1)(b)(B)
(ix) Income by way of interest or dividends from bonds or GDRs purchased in foreign currency by non-residents – chargeable u/s 115AC(1)(a & b)
(x) Income by way of dividends from GDRs purchased in foreign currency by residents – chargeable u/s 115ACA
(xi) Income (other than dividend) received by an FII in respect of securities (other than units referred to in section 115AB) – chargeable u/s 115AD(1)(i)
(xii) Income by way of interest received by an FII on bonds or Government securities referred to in section 194LD – chargeable as per proviso to section 115AD(1)(i)
(xiii) Tax on non-residents sportsmen or sports associations chargeable u/s 115BBA
(xiv) Anonymous Donations in certain cases chargeable u/s 115BBC
(xv) Income by way of dividend received by specified assessee, being resident, from  domestic company exceeding rupees ten lakh chargeable u/s 115BBDA
(xvi) Income by way of royalty from patent developed and registered in India – chargeable u/s 115BBF
(xvii) Income by way of transfer of carbon credits

– chargeable u/s 115BBG

(xviii) Investment Income of a Non-Resident  Indian – chargeable u/s 115E
(xix) 115AB(1)(a) – Income in respect of units off -shore fund
2d Pass through income in the nature of income from other sources chargeable at special rates The details of pass through income from business trust or investment fund as per section 115UA or 115UB are required to be reported separately in Schedule PTI.

If any amount of pass through income reported in Schedule PTI is of the nature of income from other sources, the same has to be reported at this column in the Schedule OS for including the same in head-wise computation.

Please select the nature of pass through income from drop down menu and enter the amount. In case of more than one type of pass through income, please report each income as a separate line item.

List of types of pass through income chargeable at special rates PTI-115A(1)(a)(i)- Dividends interest and income from units purchase in foreign currency
PTI-115A(1) (a)(iia) -Interest from Infrastructure Debt Fund
PTI-115A(1) (a)(iiaa) -Interest as per Sec. 194LC
PTI-115A(1) (a)(iiab) -Interest as per Sec. 194LD
PTI-115A(1) (a)(iiac) -Interest as per Sec. 194LBA
PTI-115A(1) (a)(iii) -Income received in respect of units of UTI purchased in foreign currency
PTI-115A(1)(b)(A)- Income by way of royalty
PTI-115A(1)(b)(B)- Income by way of fee for technical services
PTI-115AB(1)(a)- Income of Off-shore Funds from units purchased in foreign currency
PTI-115AC(1)(a & b) – Income from bonds or GDR purchased in foreign currency – non-resident
PTI-115ACA(1)(a) – Income from GDR purchased in foreign currency -resident
PTI-115AD(1)(i) -Income received by an FII in respect of securities (other than units as per Sec 115AB)
PTI-115AD(1)(i)proviso -Income received by an FII in respect of bonds or government securities as per Sec 194LD
PTI-115BBA – Income of non-residents sportsmen or sports associations
PTI-115BBC – Anonymous donations
PTI-115BBDA – Dividend Income from domestic company exceeding 10 Lakh
PTI-115BBF – Income from patent
PTI-115BBG – Income from transfer of carbon credits
PTI-115E(a) – Investment income
2e Amount included in 1 and 2 above, which is chargeable at special rates in India as per DTAA (total of column (2) of table below) Please report in this column any income under the head ‘income from other sources’ which is chargeable at special rates in accordance with the relevant article of the Double Taxation Avoidance Agreement (DTAA) of India with another country.

This field will be an auto-populated field representing total of Column 2 (Amount of Income) of the given table. For Non-Residents total of fields of Column 2 will be computed only if TRC Flag is Yes.

In the given table, please report the amount of income at column (2) and furnish other relevant details sought in the table such as relevant article of DTAA at column (5), treaty rate at column (6), rate as per Income-tax Act at column (9) and the applicable rate, which is lower of the two rates, at column (10).

Please report whether Tax Residency Certificate (TRC) is obtained from the country of residence in Column No. 7. This column is applicable in case of Non-Residents only.

Please note, if TRC Flag is No then income will be chargeable to tax as per the applicable rates specified for such income.

3 Deductions under section 57:-

(other than those relating to income chargeable at special rates under 2a, 2b & 2d)

Any claim of deduction u/s 57 relating to income under the head ‘income from other sources’ chargeable at normal applicable rates should be mentioned here.

Deduction under column “depreciation” will be available only if income is offered in column 1c

4 Amounts not deductible u/s 58 Any amount which is not deductible in computing income chargeable under the head ‘income from other sources’ by virtue of section 58 should be reported in this column. In case any expenditure or deduction is claimed u/s 57 but the whole or part thereof becomes inadmissible as per section 58, the same should also be reported here.
5 Profits chargeable to tax u/s 59 Any profit which is chargeable to tax under the head ‘income from other sources’ by virtue of section 59 read with section 41 should be reported in this column.
6 Net Income from other sources chargeable at normal applicable rates (1 – 3 + 4 + 5- 2e relating to (If negative take the figure to 4i of Schedule CYLA)

 

 

Please enter the net amount of income under the head ‘income from other sources’ which is chargeable to tax at normal applicable rates.

This is an auto-populated field representing the gross income from other sources chargeable at normal rates [item 1] (after reducing income related to DTAA portion) as reduced by deductions u/s 57 [item 3] and as increased by amounts not deductible u/s 58 [item 4] and profits chargeable to tax u/s 59 [item 5].

7 Income from other sources (other than from owning race horses)(2+6) (enter 6 as nil, if negative) Please enter the aggregate of incomes chargeable under the head ‘income from other sources’, excluding the income from activity of owning and maintaining race horses.

This is an auto-populated field representing the aggregate of income chargeable at special rates [item 2] and net income chargeable at normal applicable rates [item 6].

8 Income from the activity of owning and maintaining race horses Please report in this column net income from the activity of owning and maintaining race horses.

Please furnish break-up in terms of:

Gross receipts at item 8a,

Deductions in relation to such activity at item 8b, Amounts not deductible as per section 58 relating to this activity at item 8c,Profit chargeable to tax as per section 59 relating to this activity at item 8d and Compute the net income at item 8e accordingly. (8a – 8b + 8c + 8d) In case the net income computed at item 8e is negative, take this figure to item 11xv of Schedule CFL for carry forward of loss from the activity of owning and maintaining race horses to future years.

9 Income under the head “Income from other sources” (7+8e) (take 8e as nil if negative) Please compute in this column the aggregate income chargeable under head ‘income from other sources’.

This is an auto-populated field representing the aggregate of income from other sources (other than from owning and maintaining race horses) computed at item 7 and net income from the activity of owning and maintaining race horses computed at item 8e.

10 Information about accrual/receipt of income from Other Sources Please report the period-wise details of accrual or receipt of incomes under the head ‘income from other sources’ in the table given at this column.

The details have to be furnished separately for dividend income of the nature referred to in section 115BBDA and any income by way of winnings from lotteries, crossword puzzles, races, games, gambling, betting etc. referred to in section 2(24)(ix)

Schedule-CYLA – Details of Income after set-off of current year losses

If the net result of computation under the head ‘income from house property’, ‘profits and gains from business or profession’ (excluding Income from life insurance business u/s 115B speculation income and income from specified business)and ‘income from other sources’ is a loss figure, please fill up the figure of loss in the first row under the respective head.

Please note that loss from speculative business or specified business or Insurance Business u/s 115B cannot be set off against income under other heads for the current year. Similarly, loss from activity of owning and maintaining horse races cannot be set off against income under other heads for the current year.

The positive income computed under various heads of income for the current year should be mentioned in column (1) in the relevant row for the respective head. Short-term capital gains or long-term capital gains chargeable to tax at various rates should be mentioned in separate rows as indicated in the Schedule.

The losses mentioned in row (i) can be set off against positive incomes mentioned under other heads in column (1) in accordance with the provisions of section 71.

In a case where loss is computed under the head “income from house property”, such loss can be set off against income under any other head only to the extent it does not exceed rupees two lakh.

The amount of current year loss which is set off against the income computed under other heads should be entered into in columns 2, 3 and 4, in the relevant rows.

In column (5), please mention the net income remaining after set off of current year losses, under the respective heads of income, in the relevant rows.

In row (xvii), please mention the total of current year losses set off out of the columns (2), (3) and (4).

In row (xviii), please mention the remaining loss under various heads i.e. house property loss at column (2), business loss at column (3) and loss from other sources at column (4).

The unabsorbed losses allowed to be carried forward out of this should be taken to Schedule CFL at row xv for carry forward to future years.

Schedule-BFLA Details of Income after Set off of Brought Forward Losses of earlier years

The positive income remaining after set off of current year losses, as per Schedule CYLA, under various heads of income for the current year should be mentioned in column (1) in the relevant row for the respective head. The net positive short-term capital gains or long-term capital gains chargeable to tax at various rates should be mentioned in separate rows as indicated in the Schedule.

In column (2), the amount of loss brought forward from earlier years which can be set off against various heads of income should be entered in the relevant row.

  • Brought forward short-term capital loss can be set off against any item of short-term or long­term capital gains. However, brought forward long-term capital loss can only be set off against an item of long-term capital gains.
  • Brought forward loss from activity of owning and maintaining horse races can be set off only against positive income from the same activity during the current year.
  • Brought forward loss from speculation business can be set off only against positive income from speculation business during the current year.
  • Brought forward loss from specified business can be set off only against positive income from specified business during the current year.

In column (5), please mention the net positive income of current year remaining after set off of brought forward losses under various heads of income in the relevant rows. The head-wise total of column (5) should be captured in row (xvii) thereof which should be the figure of Gross Total Income (GTI) of the year.

The aggregate of brought forward losses under various heads, unabsorbed depreciation & allowance under section 35(4) set-off against positive income of the current year should be mentioned in row (xvi) of column (2), (3) and (4) respectively.

Schedule-CFL Details of Losses to be carried forward to future years

Please enter the assessment year-wise details of losses brought forward from earlier years in the first ten rows [row (i) to row (x)] under various heads of income at respective columns [column (4) to column (11)].

The column no 4, 9 & 12 are further divided into 3 columns. In column “a” please enter the amount of brought forward loss of earlier years, in column “b” please enter the amount of loss distributed by investment fund as per section 115UB (2A) & in column “c” enter sum total of loss of column a & column b

The aggregate amount of brought forward losses under various heads of income should be mentioned in row(xi).

In row (xii), please enter the brought forward loss distributed by the Investment fund to the unit holders as per the sub section 2A of section 115UB. This field is applicable for Investment Fund only

In row (xiii), please enter the balance brought forward loss of earlier years available for set off during the year i.e. row (xi-xii).

In row (xiv), please enter the amount of brought forward losses under various heads set off against income of current year in the respective columns. The head-wise figures of set off of brought forward loss should be taken from column (2) of Schedule BFLA.

In row(xv), please enter the amount of remaining losses of current year under various heads in the respective column. The head-wise figures of remaining current year losses should be taken from the relevant cell of Schedule CYLA, Schedule BP, Schedule CG and Schedule OS as indicated below:

Sr.
No.
The fields in row no. xv “2020-21(Current year losses to be carried forward)” Source of Auto-population
1 House property loss (4c) (2xviii of schedule CYLA)
2 Loss from business other than loss from speculative business and specified business (5) 3xviii of schedule CYLA
3 Loss from speculative business (6) B43 of schedule BP, if –ve
4 Loss from specified business (7) C49 of schedule BP, if –ve
5 Loss from life insurance business u/s 115B (8) E(iv) of schedule BP, if –ve
5 Short-term capital loss (9c) (2x+3x+4x+5x) of item E of schedule CG
6 Long-term capital loss (10c) (6x+7x+8x)   of   item E   of schedule CG
7 Loss from owning and maintaining race horses (11) (8e of schedule OS, if –ve)

In row(xvi), please enter the amount of aggregate loss under various heads to be carried forward to future years in the respective column.

In row (xvii), please enter the amount of current year loss distributed to unit holder out of row (xv) by Investment fund. This field is applicable for Investment Fund only

The losses under the head “house property”, ‘profit and gains of business or profession” (other than speculative & specified business), or ‘capital gains’ are allowed to be carried forward for

8 assessment years. However, loss from the activity of owning and maintaining race horses & from speculative business can be carried forward only for 4 assessment years. Loss from specified business can be carried forward for indefinite period.

Schedule-UDUnabsorbed depreciation and allowance under section 35(4)

In this Schedule, amount of brought forward unabsorbed depreciation and allowance under section 35(4) for each assessment year, amount of depreciation and allowance under section 35(4) set-off against the current year’s income and the balance unabsorbed depreciation and allowance under section 35(4) to be carried forward to the next assessment year needs to be mentioned.

Schedule-ICDS – Effect of Income Computation Disclosure Standards on profit

Income Computation Disclosure Standards (ICDS) have come into force from financial year 2016-17 and onwards. Deviation from each ICDS as notified under section 145(2) of the Income-tax Act that has an effect on profit is to be filled in column (iii) of the said Schedule. If the total effect of ICDS adjustments on profit is positive, the same should be mentioned at serial no. 11(a) and should be taken to item no. 3(a) of Part A-OI (Other Information). If the total effect of ICDS adjustments on profit is negative, the same should be mentioned at serial no. 11(b) and should be taken to item no. 3(b) of Part A-OI (Other Information).

Schedule-10AADeduction in respect of units located in Special Economic Zone

If there are more than one undertaking entitled for deduction under this section, please enter the details of deduction for each undertaking separately as reported in Form No. 56F being the report of audit u/s 10AA.

In case details are filled in schedule 10AA, providing details in S. No. “B” of schedule DI is mandatory. Schedule- 80G Details of donations entitled for deduction u/s 80G

Please furnish following details of donations made to charitable institutions or specified funds during the year in the respective table given in the Schedule:-

1. Name and address of donee

2. PAN of donee

3. Total amount of donation – give break-up of amount paid in cash/other mode

Eligible amount of donation in Table A, furnish details of donations entitled for 100% deduction without qualifying limit.

In Table B, furnish details of donations entitled for 50% deduction without qualifying limit. In Table C, furnish details of donations entitled for 100% deduction subject to qualifying limit

In Table D, furnish details of donations entitled for 50% deduction subject to qualifying limit. Please note that:-

1) The total amount of deduction claimed u/s 80G should also be separately mentioned in table 1 of the Schedule VI-A.

2) No deduction will be allowed u/s 80G in case Donation in cash exceeds ₹ 2,000/-

Schedule- 80GGADetails of donations for scientific research or rural development

Please furnish following details of donations made during the year to research association, university, college or other institution for scientific research or any programme of rural development etc. in the respective table given in the Schedule:-

1. Relevant clause under which deduction is claimed

2. Name and address of donee

3. PAN of donee

4. Total amount of donation – give break-up of amount paid in cash/other mode

5. Amount which is eligible for deduction

Please note that:-

1. The total amount of deduction claimed u/s 80GGA should also be separately mentioned in table 1 of the Schedule VI-A.

2. No deduction will be allowed u/s 80GGA in case Donation in cash exceeds ₹ 10,000/-

Schedule- RA- Details of donations to research associations etc. [deduction under sections 35(1)(ii)  or 35(1)(iia) or 35(1)(iii) or 35(2AA)]

In Schedule RA, please furnish the following details of donations given to research associations in the respective column-

1. Name and address of donee

2. PAN of donee

3. Total amount of donation – give break-up of amount paid in cash/other mode

4. Eligible amount of donation

These details of donation have to be furnished in a case where a claim of deduction is made under sections 35(1)(ii) or 35(1)(iia) or 35(1)(iii) or 35(2AA). The amount of deduction claimed should also be separately mentioned in the Schedule ESR.

Schedule- 80-IA, Schedule- 80-IB, Schedule- 80-IC and Schedule-80-IE:

If there are more than one undertaking entitled for deduction under any of these sections, please enter the details of deduction in relevant Schedule for each undertaking separately.

The amount of deduction for an undertaking shall be as per item 30 of Form No.10CCB being

the report of audit under sections 80-IA/ 80-IB/ 80-IC and 80-IE except in the case of following

Schedule 80IB Form Number Field of the form
Deduction in the case of multiplex theatre [Section 80- IB(7A)] 10CCBA Point no 10(v)
Deduction in the case of convention center [Section 80- IB(7B)] 10CCBB Point no 10(v)
Deduction in the case of an undertaking engaged in operating and maintaining a rural hospital [Section 80-IB(11B)] 10CCBC Point no 11(v)
Deduction in the case of an undertaking engaged in operating and maintaining a hospital in any area, other than excluded area [Section 80-IB(11C) 10CCBD Point no 11 (d)

Please note that the total amount of deduction claimed u/s 80IA, 80IB, 80IC, & 80IE should also be separately mentioned in table 2 of the Schedule VI-A.

Also ensure that the above forms are filed at e-filing portal on or before one month prior to due date of filing of return u/s 139(1), if deduction is claimed in any of the section specified above

Schedule- 80P – Deductions under section 80P

Please fill up the Schedule in case you are a co-operative society and your gross total income includes any income from the activities referred to in section 80P.

Please specify the nature of activity and the relevant clause of section 80P as per the list given in the Schedule, nature of business code out of business codes selected in field “Nature of business” of Part A General, enter the amount of income derived from such activity and mention the amount which is eligible for claim of deduction u/s 80P.

Please note that in case you are a co-operative society, other than a Primary Agricultural Credit Society or Primary Co-operative Agricultural and Rural Development bank or other co­operative society, you are not eligible to claim deduction in respect of any income u/s 80P.

Schedule-VIA Deductions under Chapter VI-A

In this part, please provide the details of deduction claimed under various provisions of Chapter VI-A during the year

Table 1. Part B- Deduction in respect of certain payments

Column
No.
Section Nature of
deduction
Instruction
Whether, you have made any investment/ deposit/ payments between 01.04.2020 to 30.06.2020# for the purpose of claiming any deduction under Part B of Chapter VIA?

 

Please indicate whether, you have made any investment/ deposit/ payments between 01.04.2020 to 30.06.2020# for the purpose of claiming any deduction under Part B of Chapter VIA by ticking the applicable checkbox

  • Yes
  • No

If yes is selected, please ensure that relevant details are mentioned at S. No. “A” of schedule DI

# – Time-limit relaxed to 31.07.2020 as per The Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020

1a 80G Deduction in respect of donations to certain funds, charitable institutions, etc. Please enter the amount of donations made during the year to charitable institutions or specified funds. Please fill up details of donations in Schedule 80G.

Please note that no deduction shall be allowed under this section in respect of donation of any sum exceeding Rs. 2,000/- unless such donation is paid by any mode other than cash.

1b 80GGA Deduction in respect of  donation for scientific  research or rural  development  Please enter the amount of donations made during the year to research association, university, college or other institution for scientific research or programme of rural development etc., which is eligible for deduction u/s 80GGA.

Please fill up details of donations in Schedule 80GGA.

Please note that no deduction shall be allowed under this section in respect of any sum exceeding Rs. 10,000/- unless such sum is paid by any mode other than cash.

1c 80GGC Deduction in respect of  contributions  given by any  person to
Political parties
Please enter the amount of contribution made to a Political party or an electoral trust during the year which is eligible for deduction u/s 80GGC.

This deduction is not admissible for any sum contributed by way of cash.

Table 2. Part C- Deduction in respect of certain incomes
2d 80-IA Deduction in respect of  profits and  gains from industrial undertakings or enterprises engaged in
infrastructure development, etc.
Please enter the amount of eligible deduction as per section 80 in respect of profits and gains from industrial undertakings or enterprises engaged in infrastructure development u/s 80-IA.
2e 80-IAB Deduction in respect of profits and gains by an undertaking or enterprise  engaged in
development of Special Economic Zone
Please enter the amount of eligible deduction in respect of profits and gains by an undertaking or enterprise engaged in development of Special
Economic Zone u/s 80-IAB.
2g 80-IB Deduction in respect of profits and gains from certain industrial undertakings other than
infrastructure development undertakings
Please enter the amount of eligible deduction as per section 80 in respect of profits and gains from certain industrial undertakings other than
infrastructure development undertakings u/s 80-IB.
2h 80-IBA Deductions in respect of profits and gains from housing
projects
Please enter the amount of eligible deductions in respect of profits and gains derived from the  business of developing and building housing
projects u/s 80-IBA.
2i 80-IC/
80-IE
Special provisions in respect of certain  undertakings or enterprises in certain special category States/North-Eastern States Please enter the amount of eligible deduction as per section 80 in respect of profits and gains derived by an eligible undertaking or enterprise in certain special category States u/s 80-IC, or by an eligible undertaking in North-Eastern States u/s 80-IE.
2j 80JJA Deduction in respect of profits and  gains from  business of  collecting and processing of bio-degradable waste Please enter the amount of eligible deduction in respect of profits and gains derived from the business of collecting and processing or treaty of bio-degradable waste for generating power or producing bio-fertilizers, bio-pesticides or other
biological agents or for producing biogas or making pellets or briquettes for fuel or organic manure u/s 80JJA.
2k 80JJAA Deduction in respect of employment of new workmen Please enter the amount of eligible deduction in respect of additional employee cost incurred in the course of business during the year u/s 80JJAA.

Please ensure that the additional employee cost forms part of ‘compensation to employees’
reported at item No. 22 of Part A-P&L in a case where regular books of accounts are maintained for the business activity during the year.

Please ensure that you have filed form 10DA at e-filing portal along with return of income

2l 80LA(1) Deduction in respect of certain incomes of Offshore
Banking Units
Please enter the amount of deduction in respect of certain incomes of ‘Offshore Banking Units”, which is eligible for deduction u/s 80LA(1).

Please ensure that you have filed form 10CCF at e-filing portal along with return of income

2m 80LA(1A) Deduction in respect of certain incomes of International Financial Services Centre Please enter the amount of deduction in respect of certain incomes of unit of ‘International Financial services Centre’, which is eligible for deduction u/s 80LA(1A).

Please ensure that you have filed form 10CCF at e-filing portal along with return of income

2n 80P Deduction in respect of  income of co- operative societies In case you are a co-operative society and your gross total income includes any income derived from the activities referred to in section 80P, please enter the amount of eligible deduction in this column.

Please furnish the details of deduction claimed in respect of such activities in the Schedule 80P.

3 Total Deductions Please enter the aggregate amount of deductions claimed under Chapter VI-A. This is an auto- populated field representing the aggregate of total deduction claimed under part B (1) and total deduction claimed under part C (2).

Schedule AMT – Computation of Alternate Minimum Tax payable under section 115JC

In this Schedule, please furnish the details of computation of Alternate Minimum Tax (AMT) payable under section 115JC (special provisions for payment of tax by certain persons other than a company). The alternate minimum tax payable shall be 18.5 percent of the adjusted total income computed under section 115JC. The computation of adjusted total income and alternate minimum tax under this Schedule should be based on the audit report in Form No. 29C, which has to be filed electronically before the due date for furnishing the return of income u/s 139(1).

In case you are an assessee located in International Financial Service Centre deriving income solely in convertible foreign exchange, the alternate minimum tax payable shall be 9 percent of the adjusted total income computed u/s 115JC.

Schedule AMTC- Computation of tax credit under section 115JD

Credit for AMT paid in assessment year 2013-14 and subsequent assessment years, in excess of normal tax liability, is allowed to be set-off against the normal tax liability of current assessment year.

However, the amount of credit is restricted to the extent of normal tax liability exceeding the AMT liability for the current assessment year.

Schedule-SI – Income chargeable to tax at special rates

In this Schedule, please report income forming part of total income which is chargeable to tax at special rates at column (i) and tax chargeable thereon at such special rates at column (ii). The amount under various types of incomes has to be taken from the amounts mentioned in the relevant Schedules i.e. Schedule CG, Schedule OS, Schedule BP or Schedule BFLA, as indicated against each type of income.

Schedule-IF Information regarding partnership firms in which you are a partner This Schedule has to be filled for each firm in which you are partner.

In column 2 of the Schedule, furnish the name of the firm and in column 3 furnish the PAN No. of the firm in which you are a partner.

In column 6 and 7, please mention the percentage share and amount of share in the profit of the firm as computed in accordance with the provisions of the Income-tax Act, which is exempt from tax in hands of the partner.

In column 8, please furnish the amount of capital balance (including the capital on which you are entitled for an interest) in the firm in which you are partner.

Schedule-EI Details of Exempt Income (Income not to be included in Total Income or not chargeable to tax)

In this Schedule, please furnish the details of income which are claimed as exempt from tax such as interest, dividend, agricultural income, any other exempt income, income not chargeable to tax as per DTAA and pass through income which is not chargeable to tax

Field
No.
Field Name Instruction
1 Interest income Please enter the amount of any interest income which is not liable to be included in total income or not chargeable to tax.
2 Dividend income Please enter the amount of dividend income received during the year from any domestic company for an amount not exceeding Rs. 10 Lakhs.
3i Gross Agricultural receipts (other than income to be excluded under rule 7A, 7B or 8 of I.T. Rules) In case you have income from agricultural activities, please enter the amount of gross agricultural receipts in this column. Please note that the receipts in respect of which income has to be computed as per the:

  • Rule 7A (income from manufacture of rubber),
  • Rule 7B (income from manufacture from coffee) or
  • Rule 8 (income from manufacture from tea) of the Income-tax Rules should not be included in the gross agricultural receipts here.
3ii Expenditure incurred on agriculture Please enter the claim of expenditure and brought forward losses in these columns, in the manner provided as per Part IV of First Schedule of the relevant Finance Act from gross agricultural income.

Please note that the unabsorbed agricultural loss upto previous eight assessment years can be adjusted.

3iii Unabsorbed agricultural loss of previous eight assessment years
3iv Agricultural income portion relating to Rule 7, 7A, 7B(1),7B(1A) and 8 (from S. No. 39 of Sch. BP) Please enter the amount of Agricultural income portion relating to Rule 7, 7A, 7B(1), 7B(1A) and 8, which is an auto-populated figure from schedule BP item no 40
3v Net Agricultural income for the year (i – ii – iii+iv) (enter nil if loss) Please enter the amount of net agricultural income for the year, which is an auto-populated figure computed as gross agricultural receipts [3i] as increased by Agricultural income portion related to Rule 7,7A,7B(1) ,7B(1A) & 8 [3iv] and as reduced by expenditure [3ii] and unabsorbed agricultural
losses [3iii].
3vi In case the net agricultural income for the year exceeds Rs.5 lakh, please furnish the following
details
In this column please fill up the following details of agricultural land from which the agricultural income is being derived, in case your net
agricultural income for the year exceeds Rs. 5 lakh:-(a) Name of district along with pin code in which agricultural land is located(b) Measurement of agricultural land in Acre(c) Whether the agricultural land is owned or held on lease(d) Whether the agricultural land is irrigated or rain-fed
4 Other exempt income, In this column please fill up details of any other type of exempt income. Please specify nature of income and enter amount.
5 Income not chargeable to tax as per DTAA Please report in this column any income which is not chargeable to tax in accordance with the relevant article of the Double Taxation Avoidance Agreement (DTAA) of India with another country.

In the given table, please report the amount of income, nature of income, head of income and furnish other relevant details of the applicable DTAA such as country name and code and the relevant article of DTAA. Please also mention
whether or not the Tax Residency Certificate (TRC) has been obtained from the jurisdiction of residence.

6 Pass through income not chargeable to tax (Schedule PTI) The details of pass through income from business trust or investment fund as per section 115UA or 115UB are required to be reported separately in Schedule PTI.

If any amount of pass through income reported therein is claimed to be exempt, the same should also be reported at this column in the Schedule EI.

7 Total (1 + 2 + 3+ 4 + 5 + 6) Please enter the aggregate amount of income which is not liable to be included in total income or is not chargeable to tax for the year.

This is an auto-populated figure representing the sum of figures computed as interest income at column [1], dividend income at column [2], net agricultural income at column [3], other exempt income at column [4], income not chargeable to tax as per DTAA at column [5] and pass through income not chargeable to tax at column [6].

Schedule PTI – Pass Through Income details from business trust or investment fund as per section  115UA, 115UB

In this Schedule, please report the details of pass through income/ loss as per form 64B or 64C received from business trust or investment fund as referred to in section 115UA or 115UB.

The details of pass through income received from each business trust or investment fund should be reported in separate rows.

Field Name Instruction
Investment entity covered by section 115UA/115UB

 

Please select the section under which Business Trust /Investment fund is covered from dropdown menu:-

Section 115UA

Section 115UB

Name of business trust/ investment fund

 

Enter the name of business trust /investment fund in column no 3.
PAN of the business trust/ investment fund

 

Enter the PAN of the business trust /investment fund in column no 4.
Head of Income & Current year income

 

Please enter the amount of current year of income under the relevant head of income in column no 7:

(i) House property

(ii) Capital Gains

(iii) Other Source

(iv) Income claimed to be exempt (please specify the section)

Share of current year loss distributed by Investment fund Enter the amount of current year loss distributed by the investment fund in Column no 8.
Net Income/ Loss (7-8) Please enter the aggregate amount of net income/loss. This is an auto-populated figure representing the sum of figures computed as current year income at column [7] as reduced by Share of Current year loss distributed by Investment fund [8]
TDS on such amount, if any Enter the TDS deducted on such amount at column no 10

Please ensure that income reflected in this schedule is also reflected in corresponding schedules of income

Schedule TPSA – Details of tax on secondary adjustment as per section 92CE(2A)

Please enter the amount of primary adjustment on which option u/s 92CE(2A) is exercised on such excess money or part thereof. This adjustment should be in respect to amount which has not been repatriated in India as per section 92CE of the Act.

The Additional Tax & surcharge will be computed at the rate of 18% and 12% respectively on the such excess money or part thereof.

Please note that the taxes paid under section 92CE(2A) will be treated as final payment and no further credit shall be claimed.

Schedule FSI – Details of Income from outside India and tax relief

Schedule FSI is applicable for the taxpayer who is resident in India.

In this Schedule, please report the details of income, which is already included in total income, accruing or arising from any source outside India. Please note that such income should also be separately reported in the head-wise computation of total income. The relevant head of income under which such foreign source income has been reported should also be duly mentioned in the relevant column here.

For country code use the International Subscriber Dialing (ISD) code of the country.

The Tax Payer Identification Number (TIN) of the assessee in the country where tax has been paid is to be filled up. In case TIN has not been allotted in that country, then, passport number should be mentioned.

In case any tax has been paid outside India on such foreign source income and tax relief, as admissible, is being claimed in India, the relevant article of applicable DTAA should also be mentioned.

Please ensure that the details of foreign tax credit and income reported in schedule FSI should tallied with form 67 filed by you

Schedule TR Summary of tax relief claimed for taxes paid outside India
Schedule TR is applicable for the taxpayer who is resident in India.

In this Schedule, please provide a summary of tax relief which is being claimed in India for taxes paid outside India in respect of each country. This Schedule captures a summary of detailed information furnished in the Schedule FSI.

In column (a) and (b), please specify the relevant country code and Taxpayer Identification Number (TIN) respectively.

For country code use the International Subscriber Dialing (ISD) code of the country.

The Tax Payer Identification Number (TIN) of the assessee in the country where tax has been paid is to be filled up. In case TIN has not been allotted in that country, then, passport number should be mentioned.

In column (c) mention the tax paid outside India on the income declared in Schedule FSI which will be the total tax paid under column (c) of Schedule FSI in respect of each country.

In column (d) mention the tax relief available that will be the total tax relief available under column (e) of Schedule FSI in respect of each country.

In column (e), please specify the provision of the Income-tax Act under which tax relief is being claimed i.e. section 90, section 90A or section 91.

Schedule FA Details of Foreign Assets and Income from any source outside India

If you are a resident in India, you are required to furnish details of any foreign asset etc. in this Schedule. This Schedule need not be filled up, if you are ‘not ordinarily resident’ or a ‘non­resident’.

In tables A1 to G, please furnish the details of foreign assets or accounts of the following nature, held at any time during the relevant accounting period:-

> Table A1 – Foreign depository accounts

> Table A2 – Foreign custodian accounts

> Table A3 – Foreign equity and debt interest

> Table A4 – Foreign cash value insurance contract or annuity contract

> Table B – Financial interest in any entity outside India

> Table C – Details of Immovable Property held (including any beneficial interest) at any time during the relevant accounting periodTable D – Details of any other Capital Asset held (including any beneficial interest) at any time during the relevant accounting period

> Table E – Any other account located outside India in which you are a signing authority (which is not reported in tables A1 to D)

> Table F – Trust created outside India in which you are a trustee, a beneficiary or settlor > Table G – Any other income derived from any foreign source (which is not reported in tables A1 to F and income under the head business or profession)

In case you are a resident in India, the details of all foreign assets or accounts in respect of which you are a beneficial owner, a beneficiary or the legal owner, is required to be mandatorily disclosed in the Schedule FA. For this purpose,-

(a) Beneficial owner in respect of an asset means a person who has provided, directly or indirectly, consideration for the asset and where such asset is held for the immediate or future benefit, direct or indirect, of the person providing the consideration or any other person.

(b) Beneficiary in respect of an asset means a person who derives an immediate or future benefit, directly or indirectly, in respect of the asset and where the consideration for such asset has been provided by any person other than such beneficiary.

In case you are both a legal owner and a beneficial owner, please mention legal owner in the column of ownership.

In table A1, the peak balance in the account during the accounting period, closing balance as at the end of accounting period and gross interest paid or credited to the account during the accounting period is required to be disclosed after converting the same into Indian currency.

In table A2, the peak balance in the account during the accounting period, closing balance as at the end of accounting period and gross amount paid or credited to the account during the accounting period is required to be disclosed after converting the same into Indian currency. The nature of gross amount paid should be specified from the drop-down list viz. interest, dividend, proceeds from sale or redemption of financial assets or other income, and the respective amount should be mentioned.

In table A3, the initial value of investment, peak value of investment during the accounting period, closing value of investment as at the end of accounting period, gross interest paid, total gross amount paid or credited to the account during the accounting period, and total gross proceeds from sale or redemption of investment during the accounting period is required to be disclosed after converting the same into Indian currency.

In table A4, the cash value or surrender value of the insurance contract or annuity contract as at the end of accounting period and total gross amount paid or credited with respect to the contract is required to be disclosed after converting the same into Indian currency.

In table B, the value of total investment at cost held at any time during the accounting period and nature and amount of income accrued therefrom during the accounting period is required to be disclosed after converting the same into Indian currency. Further, amount of income which is chargeable to tax in India, out of the foreign source income, should also be specified at column (10). The relevant Schedule of the ITR where income has been offered to tax should be mentioned at column (11) and (12).

For the purposes of disclosure in table B, financial interest would include, but would not be limited to, any of the following cases:-

(1) the resident assessee is the owner of record or holder of legal title of any financial account, irrespective of whether he is the beneficiary or not; or

(2) the owner of record or holder of title is one of the following:-

(i) an agent, nominee, attorney or a person acting in some other capacity on behalf of the resident assessee with respect to the entity;

(ii) a corporation in which the resident assessee owns, directly or indirectly, any share or voting power;

(iii) a partnership in which the resident assessee owns, directly or indirectly, an interest in partnership profits or an interest in partnership capital;

(iv) a trust of which the resident assessee has beneficial or ownership interest; or

(v) any other entity in which the resident assessee owns, directly or indirectly, any voting power or equity interest or assets or interest in profits.

In table C, the value of total investment at cost in the immovable property held at any time during the accounting period and nature and amount of income derived from the property during the accounting period is required to be disclosed after converting the same into Indian currency. Further amount of income which is chargeable to tax in India, out of the foreign source income, should also be specified at column (9). The relevant Schedule of the ITR where income has been offered to tax should be mentioned at column (10) and (11).

In table D, the value of total investment at cost of any other capital asset held at any time

Instructions to Form ITR-5 (A.Y.2020-21) during the accounting period and nature and amount of income derived from the capital asset during the accounting period is required to be disclosed after converting the same into Indian currency. Further amount of income which is chargeable to tax in India, out of the foreign source income, should also be specified at column (9). The relevant Schedule of the ITR where income has been offered to tax should be mentioned at column (10) and (11).

For the purposes of disclosure in table D, capital assets shall include any other financial asset which is not reported in table B, but shall not include stock-in-trade and business assets which are included in the Balance Sheet.

In table E, the value of peak balance or total investment at cost, in respect of the accounts in which you have a signing authority, during the accounting period is required to be disclosed after converting the same into Indian currency. Please note that only those foreign accounts which have not been reported in table A1 to table D above should be reported in this table. In case the income accrued in such foreign account is taxable in India, please specify the amount of income which is chargeable to tax in India after converting the same into Indian currency at column (9) and the relevant Schedule of the ITR at column (10) and (11).

In table F, the details of trusts set up under the laws of a country outside India in which you are a trustee, beneficiary or settlor is required to be disclosed. In case any income derived from such trust is taxable in your hands in India, please specify the amount of income which is chargeable to tax in India after converting the same into Indian currency at column (10) and the relevant Schedule of the ITR at column (11) and (12).

In table G, the details of any other income, derived from any foreign source, which is not included in the tables A1 to F above is required to be disclosed. In case any income out of the income derived from foreign source is taxable in your hands in India, please specify the amount of income which is chargeable to tax in India after converting the same into Indian currency at column (7) and the relevant Schedule of the ITR at column (8) and (9).

For the purpose of this Schedule, the accounting period means the period comprising:-

(a) from 1st January, 2019to 31st December, 2019 in respect of foreign assets or accounts etc. held in those jurisdictions where calendar year is adopted as basis for the purpose of closing of accounts and tax filings;

(b) from 1st April, 2019 to 31st March, 2020in respect of foreign assets or accounts etc. held in those jurisdictions where financial year is adopted as basis for the purpose of closing of accounts and tax filings; or

(c) that period of 12 months, which ends on any day succeeding 1st April, 2019, in respect of foreign assets or accounts held in those jurisdictions where any other period of 12 months is adopted as basis for the purpose of closing of accounts and tax filings. For the purpose of this Schedule, the rate of exchange for conversion of the peak balance or value of investment or the amount of foreign sourced income in Indian currency shall be the “telegraphic transfer buying rate” of the foreign currency as on the date of peak balance in the account or on the date of investment or the closing date of the accounting period.

For the purposes of this Schedule, “telegraphic transfer buying rate”, in relation to a foreign currency, means the rate or rates of exchange adopted by the State Bank of India constituted under the State Bank of India Act, 1955 (23 of 1955), for buying such currency, having regard to the guidelines specified from time to time by the Reserve Bank of India for buying such currency, where such currency is made available to that bank through a telegraphic transfer.

Schedule GST Information regarding turnover/gross receipt reported for GST

In this Schedule, please provide the details of all GSTIN No. registered and respective amounts of annual value of outward supplies reported against each GSTIN No., in column (2) and (3) respectively, based on the figures reported in monthly GST returns.

Schedule DI – Details of Investments

This schedule is required to be filled in the following cases:-

(i) Part A – if there is any investment/ deposit/ payments made between 01.04.2020 to 30.06.2020# for the purpose of claiming any deduction under Part B of Chapter VIA for FY 2019-20.

(ii) Part B – if deduction u/s 10AA is claimed

(iii) Part C- if amount is utilized out of capital gain account

Field No. Field Name Instruction
A Investment/ Deposit/ Payments for the purpose of claiming deduction under Chapter VIA
1 Section Section will be auto-populated from Part B of Schedule VIA if deduction is claimed
2 Eligible amount of deduction during FY 2019-20 (As per Schedule VIA- Part B- Deductions in respect of certain payments) Eligible Amount of deduction will be auto-populated   from   Part   B  of Schedule VIA
3 Deduction attributable to investment/expenditure made between 01.04.2020 to 30.06.2020# (Out of Col No.2) Please enter deduction attributable to investment/expenditure made between 01.04.2020 to 30.06.2020#

# – Time-limit relaxed to 31.07.2020 as per The Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020

B Eligible amount of deduction u/s 10AA
1 Undertaking as per schedule 10AA Undertaking will be auto-populated from schedule 10AA
2 Amount of deduction as per schedule 10AA Amount of deduction will be auto-populated from schedule 10AA
3 Date of letter of approval issued in accordance with the provisions of the SEZ Act, 2005 Please enter date of letter of approval issued in accordance with the provisions of the SEZ Act, 2005
4 Is this the first year of claiming deduction u/s 10AA AND whether conditions have been complied between 01.04.2020 to 30.06.2020^ Please indicate if this is the first year of claiming deduction u/s 10AA AND whether conditions have been complied between 01.04.2020 to 30.06.2020^ by ticking the applicable check-box:

  • Yes
  • No

^ – Time-limit relaxed to 31.03.2021 as per The Taxation and Other Laws (Relaxation  and Amendment of Certain Provisions) Act, 2020

C Payment/Acquisition/Purchase/Construction for the purpose of claiming deduction u/s 54 to 54GB
Long Term Capital Gain
1 Section Section will be auto-populated from S. No. B10a of schedule CG
2 Amount utilised out of Capital Gains account (As per S. No. B10a of Schedule CG) Amount will be auto-populated from S. No. B10a of schedule CG
3 Amount utilised between 01.04.2020 to 30.06.2020* Please enter amount utilised between 01.04.2020 to 30.06.2020*
  Short Term Capital Gain
1 Section Section will be auto-populated from S. No. A7a of schedule CG
2 Amount utilised out of Capital Gains account (As per S. No. A7a of Schedule CG) Amount will be auto-populated from S. No. A7a of schedule CG
3 Amount utilised between 01.04.2020 to 30.06.2020* Please enter amount utilised between 01.04.2020 to 30.06.2020*

* – Time-limit relaxed to 30.09.2020 as per The Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020

Part B – TI – Computation of total income

Total income for the previous year is required to be computed head-wise as per scheme of the Income-tax Act. Income from all sources should be classified under any one of the heads of income – ‘Income from house property’, ‘Income from business or profession’, ‘Capital gains’ and ‘Income from other sources’. Income under each head should be computed separately as per the respective Schedules given in the ITR. Loss from any source should first be set off against income from any other source, under the same head of income, for the current year (intra-head set-off). Thereafter, remaining loss under various heads of income can be set off against income computed under other heads, for the current year as provided for in the Schedule CYLA (inter-head set-off). Losses brought forward from earlier years under certain heads can also be set off from remaining income for the current year under other heads, as provided for in the Schedule BFLA. The remaining income under various heads for the current year, after set off of current year and
brought forward losses, should be aggregated to arrive at the figure of gross total income. The deductions claimed under Chapter VI-A etc. should be reduced therefrom to compute total income for the previous year which is chargeable to tax.

Field No. Field Name Instruction
1 Income from house property Please enter net income chargeable under the head ‘income from house property’ as computed at item No. 4 of Schedule HP. In case a loss figure is computed in Schedule HP, please enter nil in this column. The loss figure should instead be taken to Schedule CYLA for set-off against income under other heads for the current year. The unabsorbed house property loss should be taken to Schedule CFL for carry forward to subsequent years, as permissible.
2 Profits and gains from business or profession Please enter profit and gains from normal business, from speculative business and from specified business at columns 2(i), 2(ii) and 2(iii) respectively. The figures of profit have to be taken as computed at item No. A38, 3(ii) of table F and 3(iii) of table F of Schedule BP respectively.

In case a loss is computed from normal business in Schedule BP, please enter nil in the column 2(i). The loss figure should instead be taken to item F of Schedule BP for intra-head set-off against income from speculative business or specified business or Income from life insurance business u/s 115B, if any, for the current year. The remaining loss from normal business should be taken to Schedule CYLA for inter-head set-off against income under other heads for the current year. Thereafter, the unabsorbed loss from normal business should be taken to Schedule CFL for carry forward to subsequent years, as permissible.

In case a loss is computed from speculative or specified business in Schedule BP, please enter nil in the column 2(ii) or 2(iii), as applicable. The loss from speculative or specified business should instead be taken to Schedule CFL for carry forward to subsequent years, as permissible. Such unabsorbed loss can be adjusted against income from speculative business or specified business in future years, as permissible.

Please enter the amount of business profits which are chargeable to tax at special rates u/s 115BBF (income from patents) or u/s 115BBG (income from transfer of carbon credits) or u/s 115B (Income from insurance business) at column 2(iv). The loss from life insurance business should be taken to Schedule CFL for carry forward to subsequent years, as permissible.

The aggregate amount of profits and gains from business or profession will be auto-populated at column 2(v). In case the computed figure is a loss, value at column 2(v) will be considered as nil

3 Capital gains Please enter the amounts of short-term capital gains (STCG) and long-term capital gains (LTCG) for the year, chargeable to tax at different rates, at columns 3(a) and 3(b) respectively. For this purpose, the figures of STCG and LTCG should be taken as computed at respective items of Schedule CG.

In case a loss is computed from STCG or LTCG, please enter nil in the columns 3(a) or 3(b) as  applicable. The loss figure should instead be taken to item E of Schedule CG for intra-head set-off against capital gains for the current year. The remaining capital loss should be taken to Schedule CFL for carry forw ard to subsequent years. Such unabsorbed capital loss can be adjusted against capital gains in future years, as permissible.

The aggregate amount of capital gains will be auto-populated at column 3(c). In case the computed figure is a loss, value at column 3(c) will be considered as nil.

4 Income from other sources Please enter net income under the head ‘income from other sources’ which is chargeable to tax at normal rates, chargeable to tax at special rates, and income from the activity of owning and maintaining race horses at columns 4(a), 4(b) and 4(c) respectively.

In case a loss figure is computed under the head ‘income from other sources’ which is chargeable to tax at normal rates, please enter nil in the column 4(a). The loss figure should instead be taken to Schedule CYLA for interhead set-off against income under other heads for the current year.

In case a loss figure is computed from the activity of owning and maintaining race horses, please enter nil in the column 4(c). The  remaining loss should be taken to Schedule CFL for carry forward to subsequent years. Such unabsorbed loss can be adjusted against income from the activity of owning and maintaining race horses in future years, as permissible.

5 Total of head wise income Please enter the aggregate of incomes computed under various heads in this column.

This field will be auto-populated as aggregate of total of income from house property(1), profit and gains from business and profession(2v), capital gains(3c) and income from other sources(4d).

6 Losses of current year to be set off against 5 Please enter the aggregate of losses computed under the heads of house property, business and other sources, if any, for the current year, to the extent such losses are permitted to be set-off against positive incomes under other heads for the current year, as per the Schedule CYLA.

This figure should be auto-populated as aggregate of total of current year losses set-off with income as per columns (2), (3) and (4) of Schedule CYLA.

7 Balance after set off current year losses (5-6) Please enter remaining current year income after inter-head set-off of current year losses.

This is an auto-populated figure taken as aggregate of head-wise income [column (5)] as reduced by current year losses allowed to be set-off [column (6)].

8 Brought forward losses to be set off against 7

 

Please enter the aggregate of losses brought forward from earlier years under the heads of house property, business loss, capital loss, loss from horse races and unabsorbed depreciation or allowance, if any, to the extent such brought forward losses etc. are permitted to be set-off against remaining positive incomes under various heads for the current year, as per the Schedule BFLA.

This figure should be computed as aggregate of total of brought forward losses, unabsorbed  depreciation and unabsorbed allowances setoff with current year income as per columns (2), (3) and (4) of Schedule BFLA

9 Gross Total income (7-8) Please enter remaining current year income after allowing for adjustment of brought forward losses, unabsorbed depreciation and unabsorbed allowances.

This is an auto-populated figure taken as balance of current year income [column (7)] as reduced by brought forward losses unabsorbed depreciation and unabsorbed allowances allowed to be set-off against such income [column (8)].

10 Income chargeable to tax at special rate under section 111A, 112, 112A etc. included in 9 Please report in this column aggregate of incomes under various heads which are chargeable to tax at special rates and are included in the Gross Total Income computed at column (9).

This figure should be taken from column (i) of Schedule SI.

11 Deductions under Chapter VI-A Please report deductions claimed under Chapter VI-A of the Income-tax Act in this column. Please ensure to fill up the details of claim of deductions in Schedule VI-A of this ITR form.

In column 11(a), the aggregate of claims of deductions in respect of certain payments and deductions in respect of other incomes /other deductions should be entered. This figure should be taken as aggregate of amounts claimed at item (1) of Schedule VI-A. The claim here should be limited upto total of Income chargeable at normal rates i.e. aggregate of total of row (i+ii+iv+v+viii+xiii+xiv) of BFLA column 5 of schedule BFLA

In column 11(b), the aggregate of claims of deductions in respect of certain incomes should be entered. This figure should be taken as aggregate of amounts claimed at item (2) of Schedule VI-A. The claim here should be limited upto the amount column 5(ii) of schedule BFLA In column 11(c), the total claim of deduction under Chapter VI-A should be entered i.e. total of 11(a) and 11(b). The claim here should be limited upto the amount of Gross Total Income [column (9)] as reduced by income chargeable at special rates [column (10)].

12 Incomes not forming part of total income Please enter incomes not forming part of total income in column 12. This is an auto-populated figure representing aggregate of deductions/exemption reported at columns 12(a), 12(b) and 12(c) below.

In column 12(a), please enter the amount of claim of deductions in respect of undertakings located in Special Economic Zone (SEZ) as per section 10AA. Please ensure to fill up the details of claim of deductions in Schedule 10AA of this ITR form.

In column 12(b), please enter the details of income of investment fund which is claimed as exempt under sections 10(23FB) or 10(23FBA).

In column 12(c), please enter the details of income of business trust, which is claimed as exempt under sections 10(23FC) or 10(23FCA).

An investment fund claiming exemption under section 10(23FB) or 10(23FBA), or a business trust  claiming exemption under section
10(23FC) or 10(23FCA), have to enter the amount of exempt income directly in column 12(b) or column 12(c), respectively, of the Part B TI (computation of income) in the ITR-5. Such entities are not required to fill up the head wise details in Schedule BP, Schedule HP, Schedule CG, Schedule as, and Schedule SI etc.

13 Total income Please enter the amount of total income chargeable to tax for the previous year at this column.

This is an auto-populated figure taken as Gross Total Income [column (9)] as reduced by total deductions claimed under    chapter VI-A [column 11(c)] and deductions claimed u/s 10AA [column (12)].

14 Income chargeable to tax at special rates Please report in this column aggregate of incomes  under   various heads which are
chargeable to tax at special rates and are included in the Total Income.This figure should be taken from column (i) of Schedule SI.
15 Net   agricultural        income/any other income for rate purpose Please report in this column net agricultural income or any other income which is required to be aggregated to the total income for the previous year for the purpose of determining the applicable rate of tax.

Please  ensure to fill  up the details of agricultural income in Schedule EI of this ITR form.

16 Aggregate income (13 – 14 + 15) Please compute aggregate         income in this column as Total Income [column (13)] reduced by the income chargeable at special    rates [column (14)] and increased by the amount of net agricultural income [column (15)] for rate purposes.
17 Losses of current year to be carried forward Please report in this column aggregate of losses of current year under various heads which are permitted to be carried forward to subsequent years.

This figure should be taken from head-wise total of row (xv) of Schedule CFL in case the sub status is other than Investment Fund.

If sub status is Investment Fund, then figure should be taken from Total 5xv+ 6xv+ 7xv+ 8xv+11xv of Schedule CFL

18 Deemed income under section 115JC Please report in this column adjusted total income computed u/s 115JC for the purpose of determining Alternate Minimum Tax (AMT) payable for the current year.

Please ensure to fill up Schedule AMT of this ITR form.

Part B – TTI – Computation of tax liability on total income

Tax liability on aggregated total income should be computed at normal applicable rates and should be compared with the Alternate Minimum Tax (AMT) payable on adjusted total income u/s 115JC. The gross tax liability for the year is taken as higher of these two, against which claim of AMT credit and tax reliefs under sections 89/90/90A/91, as admissible, are allowed to arrive at the net tax liability for the year. Interest and fees payable for various defaults in compliance are added thereto to compute the aggregate tax liability. The net amount payable or refundable is computed after claiming credit of prepaid taxes (advance tax, TDS, TCS and self-assessment tax).
Field No. Field Name Instruction
1 Tax payable on deemed income under section 115JC In column 1(a), please enter the amount of the Alternate Minimum Tax (AMT) payable on adjusted total income computed under section 115JC, as per item No. 4 of Schedule AMT.

Compute surcharge and health and education cess leviable on AMT in columns 1(b) and 1(c) respectively.

In column 1(d), compute the gross tax payable on deemed income as aggregate of AMT, surcharge and cess at columns 1(a), 1(b) and 1(c) respectively.

2 Tax payable on total income Please compute tax payable on total income as per normal provisions in this column.

In column 2(a), compute tax at normal applicable rates on the aggregated total income, as entered at column 16 of Part B-TI.

In column 2(b), please enter the amount of tax chargeable at special rates as per Schedule SI.

In case total income chargeable at normal rates exceeds the maximum amount not chargeable to tax, please enter the amount of rebate admissible on net agricultural income in
column 2(c).

In column 2(d), please compute the tax payable on total income, as indicated therein.

Compute surcharge and health and education cess leviable on tax liability in columns 2(e) and 2(f) respectively.

Field 2e(ii) should be considered nil for status other than

1)any other AOP/BOI

2) Other Artificial Juridical Person

3) Estate of deceased

4) Estate of insolvent

5) Trust other than trust eligible to file Return in ITR 7, any other AOP/BOI

6) society registered under society registration Act, 1860 or any other Law corresponding to that state

7) Business trust

8) Investment fund

In column 2(g), compute the gross tax liability on total income as aggregate of tax, surcharge and cess computed at columns 2(d), 2(e) and 2(f) respectively.

In Part A – General of the ITR-5, the particulars of members of the AOP/BOI are required to be furnished along with their respective shares. In case these particulars are not provided, or incorrectly provided (e.g. total of shares of the members does not add up to 100%), the tax is being charged at maximum marginal rate.

3 Gross tax payable Please enter the amount of gross tax liability payable for the year which should be taken as the higher amount of gross AMT liability [column 1(d)] and gross tax payable as per normal provisions [column 2(g)].
4 Credit under section 115JD of tax paid in earlier years In case the gross AMT payable is higher than the gross tax payable as per normal provisions, please enter in this column AMT credit of earlier years utilised against the gross AMT payable for this year.

The figure of AMT credit utilised should be taken as per Schedule AMTC.

5 Tax payable after credit under section 115JD Please enter the net tax payable for the year after allowing credit of AMT of earlier years (if applicable).
6 Tax relief In column 6(a), please enter the amount tax relief claim for taxes paid outside India in
respect of countries where DTAA is applicable, as per section 90 or section 90A.In column 6(b), please enter the amount tax relief claim for taxes paid outside India in respect of countries where DTAA is not applicable, as per section 91.In column 6(c), please compute the aggregate of claims of tax relief in the above columns.
7 Net tax liability (5 – 6c) In this column, please compute net tax liability payable for the year after allowing the tax relief admissible.
8 Interest and Fee payable In column 8(a), please enter the amount of interest chargeable for default in furnishing the return of income as per section 234A.

In column 8(b), please enter the amount of interest chargeable for default in payment of advance tax as per section 234B.

In column 8(c), please enter the amount of interest chargeable for deferment in payment of advance tax as per section 234C.

In column 8(d), please enter the amount of fee payable for default in furnishing the return of income as per section 234F.

The fee payable is Rs. 5,000 in case the return is filed after the due date but by the 31st December, 2020. The fee payable is Rs. 10,000 in case the return is filed after 31st December, 2020.

However, in case the total income does not exceed Rs. 5 lakh, the fee payable for default in furnishing the return of income u/s 234F shall not exceed Rs. 1,000/-.

In column 8(e), please enter the aggregate

amount of interest and fee payable, as
computed in the above columns.

9 Aggregate liability (7+8e) In this column, please enter the aggregate amount of tax, interest and fee payable for the year.
10 Taxes Paid In this column, please enter the total amounts of advance tax, TDS, TCS and self-assessment tax for which credit is being claimed in this year. The details of these tax payments should be mentioned at column 15 of Part B-TTI.
11 Amount payable In case the aggregate amount payable [column (9)] is higher than the taxes paid for the year

[column (10e)], please compute the net
amount payable after claiming credit of taxes paid.

12 Refund In case the taxes paid for the year [column (10e)] is higher than the aggregate amount payable [column (9)], please compute the net amount refundable.
13 Do you have a bank account in India (Non- Residents claiming refund with no bank account in India may select No) Please provide the details of all the savings/current accounts held by you at any time in India during the previous year. It is not mandatory to provide details of dormant accounts which are not operational for more than 3 years. Please indicate the account in which you would like to get your refund credited irrespective of whether you have refund or not. The account number given should be as per Core Banking Solution (CBS) system of the bank.

If non-resident is claiming refund with no bank account in India, please tick ‘No’ for the question ‘do you have a bank account in India’

 IFS Code of the bank (SWIFT code in case of foreign bank)  Please enter the IFS Code of the Bank (11 digits) or SWIFT code in case of foreign bank account.
Name of the Bank Please enter name of the Bank
Account Number Please enter account number of the Bank
Country of Location In case of non-resident, please provide country of location of bank
IBAN In case of non-resident, please provide IBAN
14. Do you at any time during the previous year,-

(i)hold, as beneficial owner, beneficiary or otherwise, any asset (including financial interest in any entity) located outside India; or

(ii) have signing authority in any account located outside India; or

(iii) have income from any source outside India?

In case you are a resident in India, and you are a legal or beneficial owner or a beneficiary of any foreign asset or a foreign account, or you have signing authority in any foreign account, or you have income from any foreign source and if you have held the foreign assets etc. at any time during the “previous year” (in India) as also at any time during the “relevant

accounting period” (in the foreign tax
jurisdiction), please tick ‘Yes’ in this column. Please ensure to furnish details of such foreign assets or foreign accounts etc. in Schedule FA.

Else tick ‘No’.

Note: Enhanced surcharge is applicable to tax payer having status as AOP, BOI, AJP. The Finance (No. 2) Act, 2019 has been amended to withdraw the enhanced surcharge, i.e., 25% or 37%, as the case may be, from income chargeable to tax under section 111A, 112A and 115AD (1)(b) (only in case of AOP, BOI). Hence, the maximum rate of surcharge on tax payable on such incomes shall be 15%. However, where other income of a person does not exceed Rs. 2 crores but after including the incomes as referred to in above sections, the total income exceeds Rs. 2 crores then irrespective of the amount of other income, surcharge shall be levied at the rate of 15% on the amount of tax payable on both normal income as well as income referred to in section 111A and 112A.

Please note: The withdrawal of enhanced surcharge on the income of the nature referred to in clause (b) of sub-section (1) of section 115AD of the Income-tax Act shall not be available to Artificial Juridical Person.

Item No.15 – Tax payments

Part –A – Details of payments of Advance Tax and Self-Assessment Tax

Please enter the relevant details of payment of advance tax or self-assessment tax.
Column
No.
Field Name Instruction
2 BSR Code Please enter the seven digit BSR code of Bank at which tax was deposited.
3 Date of Deposit Please enter date on which tax was deposited in DD/MM/YYYY format.
4 Serial Number of Challan Please enter the Serial Number of Challan.
5 Amount Please enter the tax amount deposited.

Part- B – Details of Tax Deducted at Source on income

Please enter the relevant details of taxes deducted at source on income other than salary as appearing in Form 16A or Form 16B or Form 16C issued by the tax deductor
Column
No.
Field Name Instruction
2 TDS credit relating to self /other person [Other person as per Rule 37BA(2)] Please specify in this column whether the TDS for which credit is being claimed was deducted in the hands of self or in the hands of other person. Please choose applicable option from the drop down list.
3 PAN/ Aadhaar No. of other person (If TDS credit related to other person) In case TDS credit relates to other person [as specified in   column  (2)],   please   enter PAN/ Aadhaar No. of the other person.
4 TAN   of the      Deductor/PAN/ Aadhaar No. of Tenant/Buyer Please enter the TAN of the Deductor. In case tax has been deducted at source by the tenant or buyer of immovable property, please provide the PAN/ Aadhaar No. of the tenant or the buyer.
5 & 6 Unclaimed TDS brought forward (b/f) Please enter details of TDS brought forward for which no credit has been claimed in earlier years. Enter the financial year in which TDS was deducted and amount of TDS in column 5 and column 6 respectively.

Note: Details of unclaimed TDS brought forward (col 5 & 6) , TDS deducted in own hands (col. 7) , TDS deducted in the hands of any other person as per rule 37BA(2) (if applicable) (col 8) should be reported in different rows

7 & 8 TDS  of the current  financial year( TDS deducted during the FY 2019-20) Please enter the amount of total tax deducted at source for the current financial year i.e. FY 2019-20 Please provide break-up of TDS deducted in this year in own hands and in hands of any other person as per rule 37BA(2).
9 & 10 TDS credit being claimed this year  (only    if  corresponding
receipt is being offered for tax this year)
Please enter the amount of TDS deducted for which credit is being claimed in this year. Please ensure that the corresponding receipt has also
been offered in this year in the relevant head.Please   provide break-up of TDS credit being claimed in this year in own hands and any other person as per rule 37BA(2).
11 & 12 Corresponding receipt offered Please enter the details of corresponding receipt offered, in respect of which TDS credit is being claimed, in this year.

Please enter the gross amount of income and head of income under which income is offered in column 11 and column 12 respectively.

In cases, where TDS is deducted by the payer in current year, but corresponding income is to be offered in future years. In such cases, no TDS credit should be claimed under the column “in own hands” for the current year. If this is done, the column “Corresponding receipt offered” is greyed-off and is not required to be filled up.

13 TDS credit being carried
forward
Please enter the amount of remaining TDS credit which is being carried forward to subsequent years.

 

Part- C – Details of Tax Collected at Source (TCS)

Please enter the relevant details of taxes collected at source during the year as appearing in Form 27D issued by the collector.
Column
No.
Field Name Instruction
2 Tax deduction and Tax Collection Account Number of the Collector Please enter the TAN of the Collector.
3 Name of the Collector Please enter the name of the Collector.
4 & 5 Unclaimed TCS brought forward (b/f) Please enter details of TCS brought forward for which no credit has been claimed in earlier years.

Enter the   financial   year  in  which   TCS    was
collected and amount of TCS in column 4 and column 5 respectively.

Note: Details of unclaimed TCS brought forward (col 4 & 5) and TCS of the current financial year (col. 6) should be reported in different rows

6 TCS of the current financial year (tax collected during the FY 2019- 20) Please enter the amount of Tax collected at source for the current financial year i.e. FY 2019­20
7 Amount out of (5) or (6) being

claimed   this   year    (only     if

corresponding receipt       is being
offered for tax this year)

Please enter the amount of TCS collected for which credit is being claimed in this year. Please

ensure that the corresponding receipt      has also
been offered in this year in the relevant head of income.

8 Amount out of (5) or (6) being carried forward Please enter the amount of remaining TCS credit which is being carried forward to subsequent years.

Verification:

In verification part, please enter the name, father’s name and PAN of the person who is filing the return.

In case of firm, the return of income can be verified by the Managing Partner of the firm. In case the Managing Partner is not able to verify the return for any unavoidable reason, or there is no Managing Partner, the return can be verified by any other Partner of the firm, who is not a minor.

In case of Limited Liability Partnership (LLP), return of income can be verified by the Designated Partner of the LLP. In case the Designated Partner is not able to verify the return for any unavoidable reason, or there is no Designated Partner, the return can be verified by any other Partner of the LLP.

In case of a local authority, the return of income can be verified by the Principal Officer of the local authority.

In case of any association, the return of income can be verified by the any member of the association or the Principal Officer of the association.

Before signing the verification, please ensure that the information given in the return and the schedules and the amount of total income, deductions, claims and other particulars shown are true and correct and are in accordance with the provisions of the Income-tax Act, 1961 and the Income Tax Rules, 1962. Please note that making a false statement in the return or in the accompanying schedules is liable for prosecution under section 277 of the Income-tax Act, 1961.

BUSINESS CODES FOR ITR FORMS FOR A.Y 2020-21

Sector Sub-Sector Code
AGRICULTURE, ANIMAL HUSBANDRY & FORESTRY Growing and manufacturing of tea 01001
Growing and manufacturing of coffee 01002
Growing and manufacturing of rubber 01003
Market gardening and horticulture specialties 01004
Raising of silk worms and production of silk 01005
Raising of bees and production of honey 01006
Raising of poultry and production of eggs 01007
Rearing of sheep and production of wool 01008
Rearing of animals and production of animal products 01009
Agricultural and animal husbandry services 01010
Soil conservation, soil testing and soil desalination services 01011
Hunting, trapping and game propagation services 01012
Growing of timber, plantation, operation of tree nurseries and conserving of forest 01013
Gathering of tendu leaves 01014
Gathering of other wild growing materials 01015
Forestry service activities, timber cruising, afforestation and reforestation 01016
Logging service activities, transport of logs within the forest 01017
Other agriculture, animal husbandry or forestry activity n.e.c 01018
     
FISH FARMING Fishing on commercial basis in inland waters 02001
Fishing on commercial basis in ocean and coastal areas 02002
Fish farming 02003
Gathering of marine materials such as natural pearls, sponges, coral etc. 02004
Services related to marine and fresh water fisheries, fish hatcheries and fish farms 02005
Other Fish farming activity n.e.c 02006
     
MINING AND QUARRYING

 

Mining and agglomeration of hard coal 03001
Mining and agglomeration of lignite 03002
Extraction and agglomeration of peat 03003
Extraction of crude petroleum and natural gas 03004
Service activities incidental to oil and gas extraction excluding surveying 03005
Mining of uranium and thorium ores 03006
Mining of iron ores 03007
Mining of non-ferrous metal ores, except uranium and thorium ores 03008
Mining of gemstones 03009
Mining of chemical and fertilizer minerals 03010
Mining of quarrying of abrasive materials 03011
Mining of mica, graphite and asbestos 03012
Quarrying of stones (marble/granite/ dolomite), sand and clay 03013
Other mining and quarrying 03014
Mining and production of salt 03015
Other mining and quarrying n.e.c 03016
     
MANUFACTURING

 

 

Production, processing and preservation of meat and meat products 04001
Production, processing and preservation of fish and fish products 04002
Manufacture of vegetable oil, animal oil and fats 04003
Processing of fruits, vegetables and edible nuts 04004
Manufacture of dairy products 04005
Manufacture of sugar 04006
Manufacture of cocoa, chocolates and sugar confectionery 04007
Flour milling 04008
Rice milling 04009
Dal milling 04010
Manufacture of other grain mill products 04011
Manufacture of bakery products 04012
Manufacture of starch products 04013
Manufacture of animal feeds 04014
Manufacture of other food products 04015
Manufacturing of wines 04016
Manufacture of beer 04017
Manufacture of malt liquors 04018
Distilling and blending of spirits, production of ethyl alcohol 04019
Manufacture of mineral water 04020
Manufacture of soft drinks 04021
Manufacture of other non-alcoholic beverages 04022
Manufacture of tobacco products 04023
Manufacture of textiles (other than by handloom) 04024
Manufacture of textiles using handlooms (khadi) 04025
Manufacture of carpet, rugs, blankets, shawls etc. (other than by hand) 04026
Manufacture of carpet, rugs, blankets, shawls etc. by hand 04027
Manufacture of wearing apparel 04028
Tanning and dressing of leather 04029
Manufacture of luggage, handbags and the like saddler and harness 04030
Manufacture of footwear 04031
Manufacture of wood and wood products, cork, straw and plaiting material 04032
Manufacture of paper and paper products 04033
Publishing, printing and reproduction of recorded media 04034
Manufacture of coke oven products 04035
Manufacture of refined petroleum products 04036
Processing of nuclear fuel 04037
Manufacture of fertilizers and nitrogen compounds 04038
Manufacture of plastics in primary forms and of 04039
synthetic rubber  
Manufacture of paints, varnishes and similar coatings 04040
Manufacture of pharmaceuticals, medicinal chemicals and botanical products 04041
Manufacture of soap and detergents 04042
Manufacture of other chemical products 04043
Manufacture of man-made fibers 04044
Manufacture of rubber products 04045
Manufacture of plastic products 04046
Manufacture of glass and glass products 04047
Manufacture of cement, lime and plaster 04048
Manufacture of articles of concrete, cement and plaster 04049
Manufacture of Bricks 04050
Manufacture of other clay and ceramic products 04051
Manufacture of other non-metallic mineral products 04052
Manufacture of pig iron, sponge iron, Direct Reduced Iron etc. 04053
Manufacture of Ferro alloys 04054
Manufacture of Ingots, billets, blooms and slabs etc. 04055
Manufacture of steel products 04056
Manufacture of basic precious and non-ferrous metals 04057
Manufacture of non-metallic mineral products 04058
Casting of metals 04059
Manufacture of fabricated metal products 04060
Manufacture of engines and turbines 04061
Manufacture of pumps and compressors 04062
Manufacture of bearings and gears 04063
Manufacture of ovens and furnaces 04064
Manufacture of lifting and handling equipment 04065
Manufacture of other general purpose machinery 04066
Manufacture of agricultural and forestry machinery 04067
Manufacture of Machine Tools 04068
Manufacture of machinery for metallurgy 04069
Manufacture of machinery for mining, quarrying and constructions 04070
Manufacture of machinery for processing of food and beverages 04071
Manufacture of machinery for leather and textile 04072
Manufacture of weapons and ammunition 04073
Manufacture of other special purpose machinery 04074
Manufacture of domestic appliances 04075
Manufacture of office, accounting and computing machinery 04076
Manufacture of electrical machinery and apparatus 04077
Manufacture of Radio, Television, communication equipment and apparatus 04078
Manufacture of medical and surgical equipment 04079
Manufacture of industrial process control equipment 04080
Manufacture of instruments and appliances for measurements and navigation 04081
Manufacture of optical instruments 04082
Manufacture of watches and clocks 04083
Manufacture of motor vehicles 04084
Manufacture of body of motor vehicles 04085
Manufacture of parts & accessories of motor vehicles & engines 04086
Building & repair of ships and boats 04087
Manufacture of railway locomotive and rolling stocks 04088
Manufacture of aircraft and spacecraft 04089
Manufacture of bicycles 04090
Manufacture of other transport equipment 04091
Manufacture of furniture 04092
Manufacture of jewellery 04093
Manufacture of sports goods 04094
Manufacture of musical instruments 04095
Manufacture of games and toys 04096
Other manufacturing n.e.c. 04097
Recycling of metal waste and scrap 04098
Recycling of non- metal waste and scrap 04099
     
ELECTRITY, GAS AND WATER Production, collection and distribution of electricity 05001
Manufacture and distribution of gas 05002
Collection, purification and distribution of water 05003
Other essential commodity service n.e.c 05004
     
CONSTRUCTION Site preparation works 06001
Building of complete constructions or parts- civil contractors 06002
Building installation 06003
Building completion 06004
Construction and maintenance of roads, rails, bridges, tunnels, ports, harbour, runways etc. 06005
Construction and maintenance of power plants 06006
Construction and maintenance of industrial plants 06007
Construction and maintenance of power

transmission and telecommunication lines

06008
Construction of water ways and water reservoirs 06009
Other construction activity n.e.c. 06010
     
REAL ESTATE AND RENTING SERVICES

 

Purchase, sale and letting of leased buildings (residential and non-residential) 07001
Operating of real estate of self-owned buildings (residential and non-residential) 07002
Developing and sub-dividing real estate into lots 07003
Real estate activities on a fee or contract basis 07004
Other real estate/renting services n.e.c 07005
     
RENTING OF MACHINERY Renting of land transport equipment 08001
Renting of water transport equipment 08002
Renting of air transport equipment 08003
Renting of agricultural machinery and equipment 08004
Renting of construction and civil engineering machinery 08005
Renting of office machinery and equipment 08006
Renting of other machinery and equipment n.e.c. 08007
Renting of personal and household goods n.e.c. 08008
Renting of other machinery n.e.c. 08009
     
WHOLESALE AND RETAIL TRADE Wholesale and retail sale of motor vehicles 09001
Repair and maintenance of motor vehicles 09002
Sale of motor parts and accessories- wholesale and retail 09003
Retail sale of automotive fuel 09004
General commission agents, commodity brokers and auctioneers 09005
Wholesale of agricultural raw material 09006
Wholesale of food & beverages and tobacco 09007
Wholesale of household goods 09008
Wholesale of metals and metal ores 09009
Wholesale of household goods 09010
Wholesale of construction material 09011
Wholesale of hardware and sanitary fittings 09012
Wholesale of cotton and jute 09013
Wholesale of raw wool and raw silk 09014
Wholesale of other textile fibres 09015
Wholesale of industrial chemicals 09016
Wholesale of fertilizers and pesticides 09017
Wholesale of electronic parts & equipment 09018
Wholesale of other machinery, equipment and supplies 09019
Wholesale of waste, scrap & materials for re-cycling 09020
Retail sale of food, beverages and tobacco in

specialized stores

09021
Retail sale of other goods in specialized stores 09022
Retail sale in non-specialized stores 09023
Retail sale of textiles, apparel, footwear, leather goods 09024
Retail sale of other household appliances 09025
Retail sale of hardware, paint and glass 09026
Wholesale of other products n.e.c 09027
Retail sale of other products n.e.c 09028
     
HOTELS, RESTAURANTS AND HOSPITALITY SERVICES

 

Hotels – Star rated 10001
Hotels – Non-star rated 10002
Motels, Inns and Dharmshalas 10003
Guest houses and circuit houses 10004
Dormitories and hostels at educational 10005
institutions  
Short stay accommodations n.e.c. 10006
Restaurants – with bars 10007
Restaurants – without bars 10008
Canteens 10009
Independent caterers 10010
Casinos and other games of chance 10011
Other hospitality services n.e.c. 10012
     
TRANSPORT & LOGISTICS SERVICES Travel agencies and tour operators 11001
Packers and movers 11002
Passenger land transport 11003
Air transport 11004
Transport by urban/sub-urban railways 11005
Inland water transport 11006
Sea and coastal water transport 11007
Freight transport by road 11008
Freight transport by railways 11009
Forwarding of freight 11010
Receiving and acceptance of freight 11011
Cargo handling 11012
Storage and warehousing 11013
Transport via pipelines (transport of gases, liquids, slurry and other commodities) 11014
Other Transport & Logistics services n.e.c 11015
     
POST AND TELECOMMU-NICATION SERVICES Post and courier activities 12001
Basic telecom services 12002
Value added telecom services 12003
Maintenance of telecom network 12004
Activities of the cable operators 12005
Other Post & Telecommunication services n.e.c 12006
     
FINANCIAL INTERMEDIATION SERVICES Commercial banks, saving banks and discount

houses

13001
Specialised institutions granting credit 13002
Financial leasing 13003
Hire-purchase financing 13004
Housing finance activities 13005
Commercial loan activities 13006
Credit cards 13007
Mutual funds 13008
Chit fund 13009
Investment activities 13010
Life insurance 13011
Pension funding 13012
Non-life insurance 13013
Administration of financial markets 13014
Stock brokers, sub-brokers and related activities 13015
Financial advisers, mortgage advisers and brokers 13016
Foreign exchange services 13017
Other financial intermediation services n.e.c. 13018
     
COMPUTER AND RELATED SERVICES Software development 14001
Other software consultancy 14002
Data processing 14003
Database activities and distribution of electronic content 14004
Other IT enabled services 14005
BPO services 14006
Cyber café 14007
Maintenance and repair of office, accounting and computing machinery 14008
Computer training and educational institutes 14009
Other computation related services n.e.c. 14010
     
RESEARCH AND DEVELOPMENT Natural sciences and engineering 15001
Social sciences and humanities 15002
Other Research & Development activities n.e.c. 15003
     
PROFESSIONS Legal profession 16001
Accounting, book-keeping and auditing profession 16002
Tax consultancy 16003
Architectural profession 16004
Engineering and technical consultancy 16005
Advertising 16006
Fashion designing 16007
Interior decoration 16008
Photography 16009
Auctioneers 16010
Business brokerage 16011
Market research and public opinion polling 16012
Business and management consultancy activities 16013
Labour recruitment and provision of personnel 16014
Investigation and security services 16015
Building-cleaning and industrial cleaning activities 16016
Packaging activities 16017
Secretarial activities 16018
Medical Profession 16019_1
Film Artist 16020
Other professional services n.e.c. 16019
     
EDUCATION SERVICES Primary education 17001
Secondary/ senior secondary education 17002
Technical and vocational secondary/ senior secondary education 17003
Higher education 17004
Education by correspondence 17005
Coaching centres and tuitions 17006
Other education services n.e.c. 17007
     
HEALTH CARE SERVICES

 

General hospitals 18001
Speciality and super speciality hospitals 18002
Nursing homes 18003
Diagnostic centres 18004
Pathological laboratories 18005
Independent blood banks 18006
Medical transcription 18007
Independent ambulance services 18008
Medical suppliers, agencies and stores 18009
Medical clinics 18010
Dental practice 18011
Ayurveda practice 18012
Unani practice 18013
Homeopathy practice 18014
Nurses, physiotherapists or other para-medical practitioners 18015
Veterinary hospitals and practice 18016
Medical education 18017
Medical research 18018
Practice of other alternative medicine 18019
Other healthcare services 18020
     
SOCIAL AND COMMUNITY WORK Social work activities with accommodation (orphanages and old age homes) 19001
Social work activities without accommodation (Creches) 19002
Industry associations, chambers of commerce 19003
Professional organisations 19004
Trade unions 19005
Religious organizations 19006
Political organisations 19007
Other membership organisations n.e.c. (rotary clubs, book clubs and philatelic clubs) 19008
Other Social or community service n.e.c 19009
     
CULTURE AND SPORT

 

Motion picture production 20001
Film distribution 20002
Film laboratories 20003
Television channel productions 20004
Television channels broadcast 20005
Video production and distribution 20006
Sound recording studios 20007
Radio – recording and distribution 20008
Stage production and related activities 20009
Individual artists excluding authors 20010
Literary activities 20011
Other cultural activities n.e.c. 20012
Circuses and race tracks 20013
Video Parlours 20014
News agency activities 20015
Library and archives activities 20016
Museum activities 20017
Preservation of historical sites and buildings 20018
Botanical and zoological gardens 20019
Operation and maintenance of sports facilities 20020
Activities of sports and game schools 20021
Organisation and operation of indoor/outdoor 20022
sports and promotion and production of sporting events  
Sports Management 20023_1
Other sporting activities n.e.c. 20023
Other recreational activities n.e.c. 20024
     
OTHER SERVICES Hair dressing and other beauty treatment 21001
Funeral and related activities 21002
Marriage bureaus 21003
Pet care services 21004
Sauna and steam baths, massage salons etc. 21005
Astrological and spiritualists’ activities 21006
Private households as employers of domestic staff 21007
Event Management 21008_1
Other services n.e.c. 21008
     
EXTRA TERRITORIAL ORGANISATIONS AND BODIES Extra territorial organisations and bodies (IMF, World Bank, European Commission etc.) 22001
     
CO- OPERATIVE SOCIETY ACTIVITES Banking/Credit Facilities to its members 23001
Cottage Industry 23002
Marketing of Agricultural produce grown by its members 23003
Purchase of Agricultural Implements, seeds, livestock or other articles intended for agriculture for the purpose of supplying to its members. 23004
Processing , without the aid of power, of the agricultural Produce of its members. 23005
Collective disposal of Labour of its members 23006
Fishing or allied activities for the purpose of supplying to its members. 23007
Primary cooperative society engaged in supplying Milk, oilseeds, fruits or vegetables raised or grown by its members to Federal cooperative society engaged in supplying Milk, oilseeds, fruits or vegetables/Government or local authority/ Government Company / corporation established by or under a Central, State or Provincial Act 23008
Consumer Cooperative Society Other than specified in 80P(2a) or 80P(2b) 23009
Other Cooperative Society engaged in activities Other than specified in 80P(2a) or 80P(2b) 23010
Interest/Dividend from Investment in other co-operative society 23011
Income from Letting of godowns / warehouses for storage, processing / facilitating the marketing of commodities 23012
Others 23013
Federal milk co-operative society 23014

Important points to remember while filing return of income in ITR utility (online or offline)

The validation process at e-Filing/CPC end is to be carried out for ITRs based on the category of defect. Category A defect are the defects, wherein return will not be allowed to be uploaded and error message will be displayed to the tax payer.

List of Category A Rules for ITR 5 are as below:

S. No. Description of Rules Mapping of Rules for ITR 5
1 Value claimed in 80-IA field in sch VI A cannot be higher than the value in Sch 80- IA If the value at field ( 2d) of Part C- Deduction in respect of certain incomes of Schedule VI-A is higher than the amount at S. No. (f) of schedule 80IA
2 Deduction u/s 80-IA claimed in “Schedule VI-A” but “Schedule 80-IA” is not filled! If the value at field ( 2d ) of Part C- Deduction in respect of certain incomes of Schedule VI-A is more than ZERO then Schedule 80IA must be filled.

Note : value at field f “Total deductions under section 80-IA ” should be equal to 2d of VIA . (1st column).

3 In “Schedule 80-IA” Total deductions under section 80-IA should be equal to the value entered in (a + b + c + d +e) If value at field f is not equal to the sum of S. No. (a+b+c+d+e)
4 Value claimed in 80-IB field in sch VI A cannot be higher than the value in Sch 80- IB If the value at field (g) of Part C- Deduction in respect of certain incomes of Schedule VI-A is higher than the amount in S. No. (m) of Schedule 80-IB must be filled.
5 Deduction u/s 80-IB claimed in “Schedule VI-A” but “Schedule 80-IB” is not filled! If the value at field (g) of Part C- Deduction in respect of certain incomes of Schedule VI-A is more than ZERO then Schedule 80-IB must be filled.

Note : value at field m “Total deduction under section 80-IB ” should be equal to 2g of VIA . (1st column) .

6 Total of Schedule 80-IB should be equal to sum of all individual line items i.e (Total of a to m) If value at field m is not equal to the sum of S. No. a to l
7 Value claimed in 80-IC or 80IE field in sch VI A cannot be higher than the value in Sch 80-IC or 80IE If the value at field (i) of Part C- Deduction in respect of certain incomes of Schedule VI-A is higher than the amount in S. No. (e) of Schedule 80-IC/ 80-IE must be filled.
8 Deduction u/s 80-IC/IE claimed in “Schedule VI-A” but “Schedule 80-IC/IE” is not filled! If the value at field ( i ) of Part C- Deduction in respect of certain incomes of Schedule VI-A is more than ZERO than Schedule 80IC/ 80-IE must be filled.

Note : value at field e “Total deduction under section 80-IC or 80-IE ” should be equal to 2i of VIA (1st column) .

9 Schedule 80-IC/80IE S. No. e should be equal to sum of S. No. a to dh If value at field e is not equal to the sum of S. No. a +b+c+dh
10 Schedule 80-IC or 80IE field (dh) should be equal to sum of S. No. (da+db+dc+dd+de+df+dg) If value at field (dh) is not equal to the sum of S. No. (da+db+dc+dd+de+df+dg)
11 In “Schedule 80P” S. No. 11 – under column “Amount eligible for deduction” should not be more than sum of S. No. (1a + 1bii) of Sch OS. In Sch 80P S. No. 11 – under column Amount eligible for deduction is more than sl . No. 1a + 1bii of Sch OS.
12 80P is not allowed to other than: Primary Agricultural credit Society, Primary Co – operative Agricultural and, Rural Development Bank, Other Cooperative Society, Assessee being other than Cooperative Society being Primary Agricultural Credit Society, Primary Co-operative Agricultural and Rural Development bank & Other co-operative Society not eligible for deduction u/s 80P ((2(n) System calculated value of Part C in Schedule VI-A) / income offered u/s 44AD (36(i) of Schedule BP) is not eligible for deduction u/s 80P
13 In Schedule 80P, deduction u/s Sec.80P(2)(c)(i) Consumer Cooperative Society Other than specified in 80P(2a) or 80P(2b) deduction claimed cannot be more than Rs 100000 In Schedule 80P, deduction u/s Sec.80P(2)(c)(i) Consumer Cooperative Society Other than specified in 80P(2a) or 80P(2b) deduction claimed cannot be more than Rs 100000
14 In Schedule 80P, deduction Sec.80P(2)(c)(ii) Other Cooperative Society engaged in activities Other than specified in 80P(2a) or 80P(2b) deduction claimed cannot be more than Rs 50000 In Schedule 80P, deduction Sec.80P(2)(c)(ii) Other Cooperative Society engaged in activities Other than specified in 80P(2a) or 80P(2b) deduction claimed cannot be more than Rs 50000
15 In Schedule 80P, deduction u/s Sec.80P(2)(d) Interest/Dividend from Investment in other co-operative society cannot be claimed on income other than interest and dividend income In Schedule 80P, deduction u/s Sec.80P(2)(d) Interest/Dividend from Investment in other co- operative society cannot be claimed on income other than interest and dividend income mentioned in S. No. 1a and 1bii of schedule OS
16 In Schedule 80P, deduction u/s Sec.80P(2)(e) Income from Letting of godowns / warehouses for storage, processing / facilitating the marketing of commodities cannot be claimed on income other than rental income In Schedule 80P, deduction u/s Sec.80P(2)(e) Income from Letting of godowns / warehouses for storage, processing / facilitating the marketing of commodities cannot be claimed exceeding Value at Income column cannot exceed value at (ii5) of BFLA+ S. No. (i5) of BFLA
17 Sec.80P(2)(f) Others-Deduction u/s will be allowed only when Gross total income is less than or equal to Rs 20000 and to the extent of Interest and House property income Sec.80P(2)(f) Others-Deduction u/s will be allowed only when Gross total income is less than or equal to Rs 20000 and to the extent of Interest and House property income
18 Deduction u/s 80P is not allowed to other than:

Primary Agricultural Credit Society, Primary Co-operative Agricultural and Rural Development bank & Other co-operative Society

Status is selected “Other than Cooperative Society/Bank” but S. No. 2(n) of Part C in Schedule VI-A: 80P is greater than ZERO.
19 In “Schedule IF” the Total of col “Amount of share in the profit” should be equal to sum of value entered in individual columns. Total of Amount of share in the profit is not equal to sum of all entries
20 If assessee is Resident then Dividend Income u/s 10(34) shown as exempt cannot be more than Rs.10,00,000. In “Schedule EI” if value at field Dividend income from domestic company is more than Rs.10,00,000 and residential status is resident
21 In “Schedule EI, Value at ‘7’ “Total” should be equal to the value of (1 + 2 + 3(v) + 4 + 5 + 6) Schedule EI S. No. 7 is not equal to sum of S. No. 1+2+3(v)+4+5+6
22 In “Schedule EI, Value at ‘3v’ “Net Agricultural income for the year” should be equal to the value of (i – ii – iii + iv) Schedule EI S. No. 3v is not equal to S. No. i-ii- ii+iv

Note: This rule will be applicable only when output of S. No. i-ii-iii+iv is positive or equal to 0.

23 In “Schedule EI, value at ‘3iv’ “Agricultural income portion relating to Rule 7, 7A, 7B(1), 7B(1A) and 8” should be equal to “S. No. 39 of Sch. BP” Schedule EI Sr. 3 (iv) Agricultural income portion relating to Rule 7, 7A, 7B(1), 7B(1A) and 8 is not equal to sr. no. 39 of Schedule BP
24 In Schedule AMT, S. No. 4 tax payable under section 115JC is should be equal to 9% of S. No. 3 of AMT If flag is Y for “Whether assessee is located in an International Financial Services Centre and derives income solely in convertible foreign exchange” then value at S. No. 4 is not equal to 9% of S. No. 3 of schedule AMT

Note: This rule is applicable if S. No. 3 is greater than 20 lacs & field 2a is more than Zero.

Note : Rounding off +5 and -5.

25 Tax payable under section 115JC is not equal to 18.5% of S. No. 3 for assessee not falling within the IFSC area. S. No. 4 is not equal to 18.5% of S. No. 3 and IFSC flag is ‘N’

Note: This rule is applicable if S. No. 3 is greater than 20lacs

26 In “PART B- TTI”, value at S. No. ‘1a’ Tax payable on deemed total income under section 115JC” should be equal to value at S. No. 4 “Tax payable under section 115JC ” in Schedule AMT The value in pt. 1a -Tax payable on deemed total income under section 115JC of part BTTI is not equal to 4 of Sch AMT
27 In “PART B- TTI”, value at S. No. ‘4’ “Credit under section 115JD of tax paid in earlier years” should be equal to value at S. No. 5 of Schedule AMTC (applicable only when value at 2g of Part B TTI is more than 1d of Part B TTI) In Part B TTI, the value in pt. 4-Credit under section 115JD of tax paid in earlier years is NOT EQUAL TO the value in pt. 5 in Sch AMTC

Note :This rule will be applicable if 2g is more than 1d in Part BTTI.

28 In “Schedule AMT”, Value of field ‘1’ “Total Income as per item 13 of PART-B- TI” should be equal to value of “13 of Part B TI” In Schedule AMT, S. No. 1 is not equal to S. No. 13 of Part BTI

Note : This rule will be applicable only if value at S. No. 1 of Schedule AMT > 0

29 In Schedule AMT, S. No. 2a is not equal to sum of system computed part C deductions under Schedule VIA S. No. 2a of Sch AMT is not equal to sum of ‘d’ to’m’ of Sch VIA
30 In Schedule AMT, S. No. 2b is not equal to total deduction under section 10AA S. No. 2b of Sch AMT is not equal to S. No. c of schedule 10AA
31 In “Schedule AMT”, Value of field ‘2d’ “Total Adjustment ” should be equal to the sum of “2a + 2b + 2c” In Schedule AMT, S. No. 2d Adjustment as per section 115JC(2) is not equal to sum of S. No. 2a+2b+2c
32 In “Schedule AMT”, Value of field ‘3’ “Adjusted Total Income under section 115JC(1)” should be equal to value of “S. No. 1 + S. No. 2d” In Schedule AMT, S. No. 3 Adjusted Total Income under section 115JC is not equal to sum of S. No. 1 +2d
33 In “Schedule AMTC”, Value of field ‘1’ “Tax under section 115JC in assessment year 2019-20” should be equal to “1d of Part-B-TTI” In Schedule AMTC, S. No. 1 is not equal to S. No. 1d of Part BTTI
34 In “Schedule AMTC”, value at field 2 “Tax under other provisions of the Act in assessment year 2019-20” should be equal to “2g of Part-B-TTI” In Schedule AMTC, S. No. 2 is not equal to S. No. 2g of Part BTTI
35 In “Schedule AMTC” , value at field S. No. 3 “Amount of tax against which credit is available” should be equal to value of (S. No. 2 – S. No. 1) In Schedule AMTC, S. No. 3 is not equal to S. No. 2-1 when S. No. 2 is greater than 1
36 In Schedule AMTC, S. No. 3 should be equal to S. No. 2-1 In Schedule AMTC, S. No. 3 is not equal to Zero, when S. No. 2 is less than or equal to 1
37 In “Schedule AMTC”, value at S. No. 5 “Amount of tax credit under section 115JD utilized during the year” should be equal to value at field ‘4ix’ “Total” of column “AMT Credit Utilized during the Current Assessment Year (C)” S. No. 5 is not equal to Total (Row ix) of item no. 4c
38 In “Schedule AMTC”, value at S. No. 6 “Amount of AMT liability available for credit in subsequent assessment years” should be equal to value at S. No. 4ix “Total” of column “Balance AMT Credit Carried Forward (D)” S. No. 6 is not equal to Total(Row ix) of item no. 4D.
39 In “Schedule Part B-TTI” Tax payable on deemed total income under section 115JC should be equal to the 4 of schedule AMT. Part B TTI S. No. 1a is not consistent with S. No. 4 of Schedule AMT
40 AMT is computed but no adjustment u/s 115JC(2) is entered or adjustments u/s 115JC(2) is entered but tax is not computed If status is selected as AOP/BOI/AJP then S. No. 4 of AMT should be greater than zero when S. No. 3 is exceeding 20 Lakhs and S. No. 2a or 2b or 2c is greater than zero
41 For Firm, AMT is computed but no adjustment u/s 115JC(2) is entered or adjustments u/s 115JC(2) is entered but tax is not computed even if income is below 20 lakhs If Status is selected as Firm, then S. No. 4 of AMT is not greater than zero and S. No. 2a or 2b or 2c is greater than zero or S. No. 2a or 2b or 2c is not greater than zero and S. No. 4 is greater than zero
42 In Schedule AMTC, set off in earlier assessment years cannot be claimed for AY 2020-21 In schedule AMTC S. No. 4(B2) for AY 2020-21 is greater than zero
43 In “PART B- TTI”, value at S. No. ‘2b’ Tax at special rates should be equal to the value at field “total” of col. (ii) “Tax thereon(ii)” of Schedule-SI” Part B TTI S. No. 2b is not equal (consistent) with total of Tax thereon (ii)Col.(ii) of Schedule SI
44 Income selected in 2c”Any other income chargeable at special rate” of schedule OS should match with the corresponding income in schedule SI amount of special income offered in schedule SI and amount offered in corresponding dropdown of schedule OS S. No. 2c is not equal

Note: If status in Part A general is Non-resident : For the purpose of schedule SI, each of the special income under this category should be passed after reducing DTAA income as referred to in 2f under given section provided TRC flag is “Y” in case of non-resident.

If status in Part A general is resident: Irrespective of the TRC flag , for the purpose of schedule SI, each of the special income under this category should be passed after reducing DTAA income as referred to in 2f under given section

45 Income selected in 2d”Any other income chargeable at special rate” of schedule OS should match with the corresponding income in schedule SI amount of special income offered in schedule SI and amount offered in corresponding dropdown of schedule OS S. No. 2d is not equal

Note: If status in Part A general is Non-resident : For the purpose of schedule SI, each of the special income under this category should be passed after reducing DTAA income as referred to in 2f under given section provided TRC flag is “Y” in case of non-resident.

If status in Part A general is resident: Irrespective of the TRC flag , for the purpose of schedule SI, each of the special income under this category should be passed after reducing DTAA income as referred to in 2f under given section

46 115B income from life insurance business in schedule SI should be equal to balance income post BFLA Income offered in schedule SI under 115B income from life insurance business is not equal to corresponding income in column no 5 of schedule BFLA
47 The total of all the quarter of Income from Lottery must be equal to 2a of Schedule OS – DTAA 115BB respectively. amount of special income u/s 115BB (Winnings from lotteries, puzzles, races, games etc.) offered in schedule SI is not equal to amount offered in S. No. 2a of schedule OS

Note: If status in Part A general is Non-resident : For the purpose of schedule SI, each of the special income under this category should be passed after reducing DTAA income as referred to in 2f under given section provided TRC flag is “Y” in case of non-resident.

If status in Part A general is resident: Irrespective of the TRC flag , for the purpose of schedule SI, each of the special income under this category should be passed after reducing DTAA income as referred to in 2f under given section

48 In schedule SI,115BBE (Income under section 68, 69, 69A, 69B, 69C or 69D) should match with corresponding income offered in S. No. 2b of schedule OS amount of special income u/s 115BBE (Income under section 68, 69, 69A, 69B, 69C or 69D) offered in schedule SI is not equal to amount offered in S. No. 2b of schedule OS
49 In schedule SI , Amount of special income u/s 115BBF (Tax on income from patent)- Income under head business or profession, offered in schedule SI should match with amount offered in S. No. 3d of schedule BP amount of special income u/s 115BBF (Tax on income from patent)-Income under head business or profession, offered in schedule SI is not equal to amount offered in S. No. 3d of schedule BP
50 In schedule SI , Income at “115BBG (a) Tax on Transfer of carbon credits ” in schedule SI should match with amount of income offered in S. No. 3e of schedule BP amount of special income u/s 115BBG (Tax on income from transfer of carbon credits)-Income under head business or profession, offered in schedule SI is not equal to amount offered in S. No. 8e of schedule BP
51 In schedule SI,Income from other sources chargeable at special rates in India as per DTAA should match with corresponding income offered in S. No. 2f of schedule OS amount of Income from other sources chargeable at special rates in India as per DTAA offered in schedule SI is not equal to amount offered in S. No. 2f of schedule OS
52 If amount at column (ii) Tax thereon should be equal to taxable income column (i) multiply by special rate mentioned against that column except excluding OS DTAA, ,112A , PTI-112A or section 115AD(1)(iii)-Proviso (LTCG on sale of shares or units on which STT is paid , STCG -DTAA, LTCG- DTAA fields If amount at column (ii) Tax thereon is not equal to taxable income (*) special rate excluding field OS DTAA, STCG as per DTAA, LTCG as per DTAA and 112A and PTI 112A, 111A, 112 (proviso) or section 115AD(1)(iii)- Proviso (LTCG on sale of shares or units on which STT is paid) and STCG and LTCG chargeable at special rates in India as per DTAA
53 In Schedule SI tax computed in column (ii) cannot be null if income in column (i) is greater than zero In schedule SI, column tax thereon(ii) is zero & Income in column (i) is greater than zero

Note : excluding field OS DTAA, STCG as per DTAA, LTCG as per DTAA and 112A and PTI 112A, 111A, 112 (proviso) or section 115AD(1)(iii)- Proviso (LTCG on sale of shares or units on which STT is paid)

54 In Schedule part B TI Income chargeable to tax at special rate under section 111A, 112, 112A etc. included in S. No. 9 should be consistent with all the special incomes [Column no (i)] of Schedule SI In Schedule B TI, S. No. 10 in not equal to total of column (i) of schedule SI
55 Sum of income u/s 111A or section 115AD(1)(ii)- Proviso (STCG on shares/equity oriented MF on which STT paid) & Pass Through Income in the nature of Short Term Capital Gain chargeable @ 15% in schedule SI should be equal to corresponding income in S. No. 5vi of schedule BFLA Total of income u/s 111A or section 115AD(1)(ii)- Proviso (STCG on shares/equity oriented MF on which STT paid) & Pass Through Income in the nature of Short Term Capital Gain chargeable @ 15% in Schedule SI is not equal to S. No. 5vi 3iii of schedule BFLA
56 Sum of income u/s 115AD (STCG for FIIs on securities where STT not paid) & Pass Through Income in the nature of Short Term Capital Gain chargeable @ 30% in Schedule SI should be equal to corresponding income S. No. 5vii of schedule BFLA Total of income u/s 115AD (STCG for FIIs on securities where STT not paid) & Pass Through Income in the nature of Short Term Capital Gain chargeable @ 30% in Schedule SI is not equal to S. No. 3iv 5vii of schedule BFLA
57 Sum of income u/s 112 (LTCG on others) & Pass Through Income in the nature of Long Term Capital Gain chargeable @ 20% in column (i) of Schedule SI should be equal to corresponding income in S. No. 5xi of schedule BFLA Total of income u/s 112 (LTCG on others), Long term capital gains of a non-resident Indian on any asset other than a specified asset u/s. 115EA & Pass Through Income in the nature of Long Term Capital Gain chargeable @ 20% in Schedule SI is not equal to S. No. 3 viii of schedule BFLA
58 Sum of income in column (1) of Schedule SI u/s 112 proviso (LTCG on listed securities/ units without indexation), 112(1)(c)(iii) (LTCG for non-resident on unlisted securities), 112A (LTCG on sale of shares on which STT is paid), 115AB (LTCG for non-resident on units referred in section115AB), 115AC(1)(c) (LTCG for non-resident on bonds/GDR), 115AD(1)(iii)-LTCG by FII, 115AD(iii)-Proviso (LTCG on sale of units on which STT is paid), Pass Through Income in the nature of Long Term Capital Gain chargeable @ 10%-u/s 112A, Pass Through Income in the nature of Long Term Capital Gain chargeable @ 10% – u/s other than 112A should match with corresponding income in S. No. 5xi of schedule BFLA Total of income u/s 112 proviso (LTCG on listed securities/ units without indexation), 112(1)(c)(iii) (LTCG for non-resident on unlisted securities), 112A (LTCG on sale of shares on which STT is paid), 115AB (LTCG for non-resident on units referred in section 115AB), 115AC(1)(c) (LTCG for non-resident on bonds/GDR), 115AD(1)(iii)-LTCG by FII, 115AD(iii)-Proviso (LTCG on sale of units on which STT is paid), Pass Through Income in the nature of Long Term Capital Gain chargeable @ 10%-u/s 112A, Pass Through Income in the nature of Long Term Capital Gain chargeable @ 10% – u/s other than 112A in schedule SI should be equal to corresponding income as per schedule BFL
59 Total of Income (i) of schedule SI should match with sum of individual line items Total of all special incomes at (i) should match with total income in schedule SI
60 Total of all tax on special incomes at “Tax Thereon” (ii) should be consistent with total tax in schedule SI Total of all tax on special incomes at (ii) should match with total tax in schedule SI
61 In Schedule VIA S. No. 3 should be equal to total of S. No. 1&2 In Schedule VIA S. No. 3 is not equal to total of S. No. 1&2

Note : Restrict to GTI if GTI is positive. If GTI is negative, then restrict to zero.

62 In Schedule VIA S. No. 1″Total Deduction under Part B (a + b + c+d )” should be equal to sum of S. No. S. No. a”80G” + S. No. b “section 80GGA” + S. No. c ” section 80GGC” In Schedule VIA S. No. 1 is not equal to total of S. No. a to c

Note : Restrict to GTI if GTI is positive. If GTI is negative, then restrict to zero.

63 In Schedule VIA S. No. 2″Part C – Deduction in respect of certain incomes” should be equal to total of S. No. e “section 80-IA ” to S. No. o “section 80P” In Schedule VIA S. No. 2 is not equal to total of S. No. d to n

Note : Restrict to GTI if GTI is positive. If GTI is negative, then restrict to zero.

64 NA NA
65 Deduction u/s 80-IAC is claimed by the assessee other than LLP. Status is selected “Other than LLP” but S. No. 2(f) of Part C in Schedule VI-A: 80-IAC is greater than ZERO.
66 80P cannot be claimed by assessee other than:

“Primary Agricultural Credit Society/ Primary Co-operative Agricultural and Rural Development bank or Other co-operative Society”

Amount in S. No. 2(n) is greater than zero and sub status is selected other than in Part A General 1:

“Primary Agricultural Credit Society/Primary Co- operative Agricultural and Rural Development bank or Other co-operative Society

67 Deduction u/s 80GGA cannot be claimed in case of business income. If 2(v) of part BTI is more than “0” and amount in S. No. 1b of schedule VIA for 80GGA is more than zero
68 Depreciation allowable under section 32(1)(ii) and 32(1)(iia) in Schedule BP should be equal to Point No. 6 of Schedule DEP Schedule BP- The value in pt. 12(i) “Depreciation allowable under section 32(1)(ii) and 32(1)(iia)” is not equal to value in item 6 of Schedule-DEP
69 In Schedule BP, Income reduced from Row no A3a and claimed to be offered under schedule HP, but receipts shown in schedule HP is less than amount reduced from schedule BP A3a In Schedule BP, Income reduced from Row no A3a and claimed to be offered under schedule HP, but receipts shown in schedule HP -“Income under the head house property” is less than amount reduced from schedule BP A3a
70 Amount reduced in S. No. A3b in schedule BP cannot be more than the income offered in schedule CG In schedule BP S. No. A3b is more than SUM of row no. A(1)(a)(i) for all blocks, A(2)(a), A(3)(i)(ia), A(3)(ii)(iia), A4a, A4b A(5)(i)(a), A5(ii), A(6)(a)(i)(a) , A6(ii), A8, B(1)(a)(i) for all blocks, B(2)(a), B(3)(a), B(4), B6(a), Section 112(1)(c) or section 115AB or section 115AC or section 115AD – S. No. B7(ia) & B7(ii), B(7)(ii), B9(a)(ia),B9(ii) , B11 in Capital Gain Schedule, S. No. 5 and S. No. 8 in Schedule DPM and S.No.5 and S. No. 8 in Schedule DOA+Sr.no 6 of Schedule DCG(only if Sr.no 5 & 8 of Schedule DPM and DOA is zero+ total of Col 6 of schedule 112A+Schedule 115AD(1)(b)(iii)-proviso
71 Amount reduced in S. No. A3c in schedule BP cannot be more than the income offered in schedule OS In Schedule BP, Row no A3c “Income/receipt credited to profit and loss account considered under other heads of income” – Other Source value is more than the SUM of row no. 1 or 1a + 1b + 1c +1d+1e & 2a+2b+2c+2d+8a in Other source Schedule’,
72 In Schedule BP, Income reduced from Row no A5 and claimed to be offered under schedule EI, but receipts shown in schedule EI is less than amount reduced from schedule BP A5 In Schedule BP, Total exempt income in A5 is more than the SUM of row no. 1(ignore amount above 10 lakhs if assessee is resident),2,3(i),4, 5 & 6 in Exempt income Schedule + Column Amount of share in profits from schedule IF , if Sr.no 5a of schedule BP is greater than zero.

In case 3(i) (Gross agricultural receipts) is equal to zero and Net agricultural income (Sr.no 3iv) is greater than zero, then Sr.no 3iv to be added instead of Sr.no 3(i) in schedule EI

73 In schedule BP, Balance amount is not equal to the sum of individual values. The value at field A(6) of schedule BP should be equal to sum of S. No. (1– 2a – 2b – 3a – 3b – 3c – 3d – 3e – 4a – 4b – 4c– 5d)
74 In schedule BP, S. No. A.9.Total and the sum of amount entered in S. No. 7a + 7b + 7c + 7d + 7e + 8a + 8b should be consistent The value at field (A9) of schedule BP should be equal to sum of S. No. (7a + 7b + 7c + 7d + 7e + 8a+ 8b).
75 The value at field (A10) of schedule BP should be equal to sum of S. No. (6 + 9) The value at field (A10) of schedule BP should be equal to sum of S. No. (6+9).
76 The value at field (A13) of schedule BP should be equal to sum of S. No. (10 + 11 – 12iii). The value at field (A13) of schedule BP should be equal to sum of S. No. (10 +11 – 12iii).
77 The value at field (A26) of schedule BP should be equal to sum of S. No. A(14 + 15 + 16 + 17 + 18 + 19 + 20 + 21 + 22 + 23 + 24 + 25). In schedule BP, S. No. A.26. Total (14 + 15 + 16 + 17 + 18 + 19 + 20 + 21 + 22 + 23 + 24 + 25) and the sum of amount entered in S. No. A.(14 + 15 + 16 + 17 + 18 + 19 + 20 + 21 + 22 + 23 + 24 + 25) are inconsistent
78 The value at field (A34) of schedule BP should be equal to sum of S. No. A(27 + 28 + 29 + 30 + 31 + 32 + 33). The value at field (A34) of schedule BP should be equal to sum of S. No. A(27 + 28 + 29 + 30 + 31 + 32 + 33)
79 In “Schedule BP” value at the field A14, Amounts debited to the profit and loss account, to the extent disallowable under section 36 should be equal to the sum of (6t of Part A-OI) The value at field (A14) of schedule BP should be equal to the value at S. No. 6t of schedule OI.
80 In “Schedule BP” of value at field A15 Amounts debited to the profit and loss account, to the extent disallowable under section 37 should be equal to the sum (7j of Part-OI) In Schedule BP, S. No. 15. Amounts debited to the profit and loss account, to the extent disallowable under section 37(7j of Part-OI) and the sum of amount shown in S. No. 7.j. Total amount disallowable under section 37 (total of 7a to 7i) in schedule OI. are inconsistent.
81 In “Schedule BP” of value at field A16 Amounts debited to the profit and loss account, to the extent disallowable under section 40 should be equal to the sum of (8Aj of Part-OI) The value at field (A16) of schedule BP should be equal to the value at S. No. 8Aj of schedule OI.
82 In “Schedule BP” of value at field A17 Amounts debited to the profit and loss account, to the extent disallowable under section 40A should be equal to the sum of(9g of Part A-OI) The value at field (A17) of schedule BP should be equal to the value at S. No. 9g of schedule Part A- OI.
83 In “Schedule BP” of value at field A18 Any amount debited to profit and loss account of the previous year but disallowable under section 43B should be equal to the sum of (11h of Part-OI) In Schedule BP, S. No. 18. Any Amounts debited to the profit and loss account, to the extent disallowable under section 43B and the sum of amount shown in S. No. 11.h.Total amount disallowable under section 43B(total of 11a to 11g). Are inconsistent
84 In Schedule BP, value at field A21 should be equal to sum of 21(i) to 21(xii) The value at field (A21) of schedule BP should be equal to the value at S. No. 21(i) to 21(xii)
85 In “Schedule BP” value at field A24 Any other income not included in profit and loss account/any other expense not allowable should be equal to the sum of income from salary, commission, bonus, interest & others The value at field A24 of schedule BP should be equal to sum of S. No. 24 (a+b+c+d+e)
86 In schedule BP value at field A25 “Increase in profit or decrease in loss on account of ICDS adjustments and deviation in method of valuation of stock” should match with sum of fields 3a + 4d of schedule OI. The value at field (A25) of schedule BP should be equal to sum total of Column 3a + 4d of Part A- OI .
87 In schedule BP value at field A29 “Amount of deduction under section 35 or 35CCC or 35CCD in excess of the amount debited to profit and loss account” should match with item X(4) of Schedule ESR. In Schedule BP, Sr.no 29. “Amount of deduction under section 35 or 35CCC or 35CCD in excess of the amount debited to profit and loss account ” and the amount shown in “Schedule ESR” S. No. x “column (4)=(3)-(2)” Are inconsistent
88 In “Schedule BP” value at filed A30 Any amount disallowed under section 40 in any preceding previous year but allowable during the previous year should be equal to the sum of 8B of Part-OI In Schedule BP, S. No. A30 “Any amount disallowed under section 40 in any preceding previous year but allowable during the previous year(8B of Part A-OI)” and amount shown in S. No. 8B of Such Part-B OI “Any amount disallowable under section 40 in any preceding previous year but allowable during the previous year” are inconsistent
89 In “Schedule BP” value at field A31 Any amount disallowed under section 43B in any preceding previous year but allowable during the previous year should be equal to the sum of 10h of Part A-OI In Schedule BP, S. No. 31 “Any amount disallowed under section 43B in any preceding year but allowable during the previous year(10h of Part A-OI)” and the sum of amount shown in S. No. 10.h.”Total amount allowable under section 43B(total of 10a to 10g)” are inconsistent
90 In schedule BP value at field A33 “Decrease in profit or increase in loss on account of ICDS adjustments and deviation in method of valuation of stock” should match with sum of fields 3b + 4e of schedule OI. In Schedule BP, S. No. A33 Decrease in profit or increase in loss on account of ICDS adjustments and deviation in method of valuation of stock and sum total of Column 3b + 4e of Part A- OI are inconsistent
91 In “Schedule BP” value at field A35 Income is not equal to the sum of (13 + 26-34) In schedule BP, S. No. A.35. Income and the sum of amount entered in S. No. A.(13+26-34) are inconsistent
92 In “Schedule BP” value at field A36(xii) Total should be equal to the sum of 36i to 36xi In schedule BP, S. No. A.36xii and the sum of individual amounts entered in S. No. A.36i to 36xi. are inconsistent
93 In “Schedule BP” value at field A37 Net profit or loss from business or profession other than speculative and specified business should be equal to the sum of A35 + A36xii In schedule BP, S. No. A.37 “Net profit or loss from business or profession other than speculative and specified business and the sum of amount entered in “S. No. A.(35 + 36xii)” are inconsistent
94 In “Schedule BP” of valued at A38 Net Profit or loss from business or profession other than speculative business and specified business after applying rule 7A, 7B or 8, if applicable should be equal to the sum of (38a + 38b + 38c +  38d  + 38e + 38f) In schedule BP S. No. 38 Net Profit or loss from business or profession other than speculative business and specified business after applying rule 7A, 7B or 8, if applicable should be equal to sum of (38a+ 38b + 38c + 38d + 38e + 38f)
95 In schedule BP, S. No. 43 “Income from speculative business(if loss, take the figure to 6xv of Schedule CFL)” is inconsistent with the value S. No. .B.40+ B 41- B42. In schedule BP, S. No. 43 “Income from speculative business(if loss, take the figure to 6xv of Schedule CFL)” is inconsistent with the value S. No. .B.40+ B 41- B42.
96 In “Schedule BP” value at C47 Profit or loss from specified business should be equal to the sum of C(44 + 45-46) In schedule BP, S. No. C47 “Profit or loss from specified business” and the sum of amount entered in S. No. C (44+45-46) are inconsistent
97 In “Schedule BP” value at field C49 Income from specified business should be equal to the sum of C(47-48) In schedule BP, S. No. C49 “Income from Specified Business” and the sum of amount entered in S. No. C(47-48) are inconsistent
98 In “Schedule BP”, value at field (D) should be equal to sum of S. No. A38 + B43 + C49 In schedule BP, S. No. D. “Income chargeable under the head ‘Profits and gains from Business or Profession’ and the sum of amount entered in S. No. A38+B43+C49 are inconsistent

Note: This rule shall be applicable only when individual values of A38+B43+C49 are equal to or more than ZERO.

99 In schedule BP, S. No. E(iv) “Income from life insurance business referred to in section 115B” should be equal to sum of amount entered in S. No. E(i)+E(ii)-E(iii) and E(ii) & E(iii) should be equal to Zero/Null The value at field E(iv) of schedule BP should be equal to sum of S. No. E(i)+E(ii)-E(iii) and E(ii) & E(iii) should be equal to Zero/Null
100 In schedule BP values at field A4a should match with value at field A36 of for respective sections of schedule BP In schedule BP, the values at “S. No. A(4a)” and values at “Sr.no A (36(i) to 36xi are inconsistent.
101 In schedule BP value at field 11 “Depreciation and amortization debited to profit and loss account” should match with field 53 “Depreciation and amortization” of P&L A/c + field E(vi) “Depreciation of factory machinery” of Manufacturing A/c. In Schedule BP, S. No. 11 Depreciation and amortization debited to profit and loss account is inconsistent with the amount of depreciation shown in Schedule P and L(1Evi of Manufacturing account+ (53)of PART-A-P&L)
102 In “Schedule BP” value at field A39 Balance of income deemed to be from agriculture, after applying Rule 7, 7A, 7B(1), 7B(1A) and Rule 8 for the purpose of aggregation of income as per Finance Act should be equal to the sum of [4c- (38a + 38b + 38c + 38d + 38e)] In Schedule BP, A39, Balance of income deemed to be from agriculture, after applying Rule 7, 7A, 7B(1), 7B(1A) and Rule 8 for the purpose of aggregation of income as per Finance Act should be equal to 4c-(38a+38b+38c+38d+38e)

Note-This Rule will be applicable only if the result of [4c-(38a+38b+38c+38d+38e)] is positive.

Note : If result is negative, then 39 should be equal to “0”.

103 In “Schedule BP” in A(5d) of Total exempt income should be equal to the sum of (share of income from firm(s) + Share of income from AOP/ BOI + Total (ci + cii + ciii)) S. No. A5d should be equal to A(5a+5b+5cn)
104 In “Schedule BP” in Table F Business income remaining after set off should be equal to the value entered in ((Business income remaining after set off ) = (Income of current year)-(Business loss set off)) S. No. F column 3 should be equal to column 1- column 2

Note: Rule will be applicable only when 1 is greater than 2

105 In “Schedule BP”, value at field Fv should be equal to sum of S. No. Fii+ Fiii+ Fiv S. No. Fv should be equal to sum of S. No. Fii+Fiii+Fiv
106 In Schedule BP S. No. Fvi should be equal to S. No. Fi-Fv S. No. Fvi should be equal to S. No. Fi-Fv for business loss set off column
107 In schedule BP , S. No. 36(iii) should be equal to 64(iv) of schedule P&L If S. No. 36(iii) is not equal to 64(iv) of schedule P&L
108 In schedule BP value at field 8b “Expenses debited to profit and loss account which relate to exempt income and disallowed u/s 14A (16 of Part A-OI)” should match with field 16 “Amount of Expenditure disallowed u/s 14A” of schedule OI. In Such BP Pt 8b “Expenses debited to profit and loss account which relate to exempt income and disallowed u/s 14A ” should be equal to 16 of Part A-OI
109 In schedule BP , If income/ loss from specified business is entered then nature of specified business cannot be blank If S. No. C48 is not equal to zero and S. No. C50 is null
110 Profit before Tax as per Profit & Loss a/c in Schedule BP is not equal to the sum of “[Profit before Tax] plus [Net Profit (No Accounts Case)]plus (presumptive income) as per P&L A/c.” In Such BP S. No. B40 is not equal to Pt 2a “Net profit or loss from speculative business”
111 Schedule BP, S. No. 24 should be minimum equal to total of schedule ESR in case total of ESR is negative S. No. 24(e) of schedule BP is less than S. No. 4x of Schedule ESR if 4x is negative
112 The Income/receipts, that have been reduced at S. No. 3 and/or S. No. 5 of schedule BP cannot be higher than the Income/receipts that have been credited to the P and L A/c.’, In Schedule BP, SUM of Row no. (A3a, A3b, A3c, and A5d is more than zero or null) And the sum is more than 4D of Part A trading account+ 14(xii) + 62(i) + 63(i) + 65(ia) + 65(iia) + 66(i) of Part A P&L”

However if sum of 4D of Part A trading account+ 14(xii) + 62(i) + 63(i) + 65(ia) + 65(iia) + 66(i) of Part A P&L” is negative then then the below comparison should be done

In Schedule BP, SUM of Row no. (A3a, A3b, A3c and A5d is more than zero or null) And the sum is more than 4D of Part A trading account+ 14(xii) + 62(i) + 63(i) + 65(ia) + 65(iia) + 66(i) of Part A P&L- Sr.no 14v or 14vi or 14vii or 14viii or 14ix PROVIDED ANY OF THE FIELDS from 14v to 14ix IS NEGATIVE” in Schedule Profit & loss

113 Income under section 44AD/44ADA/ 44AE is greater than “Zero” Then Balance sheet particulars for “Regular books of accounts” or particulars for “No accounts case” (S.No C) is mandatory. IF total value of “S.No 36(i) (Sec 44AD) + S.No 36(ii) (Sec 44ADA) + S.No 36(iii) (Sec 44AE)” in Schedule BP is greater than “ZERO”

AND

S.No. 4 “Sources of funds” in Balance Sheet is ZERO

AND

S.No. 6 “In a case where regular books of account of business or profession are not maintained -(furnish the following information as on 31st day of March, 2020, in respect of business or profession)” in Balance sheet any field is NULL

114 In schedule OI field 3a “Increase in the profit or decrease in loss because of deviation, if any, as per Income Computation Disclosure Standards notified under section 145(2)” should match with field 11a(iii) “Total effect of ICDS adjustments on profit (I + II + III + IV + V + VI + VII + VIII + IX + X) (if positive)” If S. No. 3a of Part A OI is not equal to column 11a(iii) of schedule ICDS
115 In schedule OI field 3b “Decrease in the profit or increase in loss because of deviation, if any, as per Income Computation Disclosure Standards notified under section 145(2)” should match with field 11b(iii) “Total effect of ICDS adjustments on profit (I + II + III + IV + V + VI + VII + VIII + IX + X) (if negative)” If S. No. 3b of Part A OI is not equal to column 11b(iii) of schedule ICDS
116 In Schedule Part A-OI, sum of S. No. 5a + 5b + 5c + 5d + 5e should be equal to S. No. 5f S. No. 5f Total of amounts not credited to profit and loss account should be equal to sum of 5a + 5b + 5c + 5d + 5e
117 In Schedule Part A-OI, Total amount disallowable under section 36 is inconsistent with the sum of individual amount. In Schedule Part A-OI, sum of S. No. 6a to 6s is not equal to S. No. 6t
118 In Schedule Part A-OI S. No. 7j.Total amount disallowable under section 36 and sum of values under that are inconsistent. In Schedule Part A-OI, S. No. 7.j.Total amount disallowable under section 37 (total of 7a to 7i) and sum of S. No. 7a to S. No. 7i are inconsistent.
119 In Schedule Part A-OI, S. No. 8A.j. Total amount disallowable under section 40 and sum of S. No. 8A.a to S. No. 8A.i are inconsistent. If the SUM of S. No. (8Aa to 8Ai) of Part A-OI, is NOT EQUAL to S. No. (8Aj).
120 In Schedule Part A-OI, S. No. 9.g. Total amount disallowable under section 40A and sum of S. No. 9a to S. No. 9f are inconsistent. If the SUM of S. No. (9a to 9f) of Part A-OI, is NOT EQUAL to S. No. (9g).
121 In Schedule Part A-OI, S. No. 10.h. Total amount allowable under section 43B and sum of S. No. 10a to S. No. 10g are inconsistent. In Schedule Part A-OI, S. No. 10.h.Total amount allowable under section 43B(total of 10a to 10g) and sum of S. No. 10a to S. No. 10g are inconsistent.
122 In Schedule Part A-OI, S. No. 11.h.Total amount disallowable under section 43B and sum of S. No. 11a to S. No. 11g are inconsistent. In Schedule Part A-OI, S. No. 11h.Total amount disallowable under section 43B and sum of S. No. 11a to S. No. 11g are inconsistent.
123 in Schedule OI, Sr.no 12i is not consistent with sum of Sr.no 12a to 12h In Schedule OI, Sr.no 12i is not consistent with sum of Sr.no 12a to 12h
124 If in Part A-OI, “Whether assessee is exercising option under subsection 2A of section 92CE” is selected as YES then Schedule TPSA cannot be blank In Schedule Part A-OI, Sr. No. 17 flag is Yes and Schedule TPSA is blank
125 In “Schedule DPM” Amount on which depreciation at full rate to be allowed, should be equal to the sum of (Written down value on the first day of previous year + Additions for a period of 180 days or more in the previous year- Consideration or other realization during the previous year out of 3 or 4 ) If the Value at field 6 is not equal to sum of S. No. 3+4-5. Zero if result is negative in Schedule DPM Note: If (3+4-5) is -ve than rule shall not apply.
126 Schedule DPM, S. No. 9 should be equal to difference between S. No. 7-8 or 0 if the value is negative If the Value at field 9 is not equal to difference of S. No. 7-8. Zero if result is negative in Schedule DPM
127 In “Schedule DPM” Total depreciation should be equal to the sum of (10 + 11 + 12 + 13 + 14) The value at field (15) of schedule DPM should be equal to sum of S. No. (10+11+12+13+14).
128 In “Schedule DPM” 17 Net aggregate depreciation should be equal to the sum of (15-16) The value at field (17) of schedule DPM should be equal to sum of S. No. (15-16).

Note -> Rule shall be applicable only when 15-16 is greater than 0

129 In “Schedule DOA” Amount on which depreciation at full rate to be allowed, should be equal to the sum of (Written down value on the first day of previous year + Additions for a period of 180 days or more in the previous year- Consideration or other realization during the previous year out of 3 or 4 ) If the Value at field 6 is not equal to sum of S. No. 3+4-5. Zero if result is negative in Schedule DOA
130 Schedule DOA, S. No. 9 should be equal to difference between S. No. 7-8 or 0 if the value is negative If the Value at field 9 is not equal to difference of S. No. 7-8. Zero if result is negative in Schedule DOA
131 In “Schedule DOA” Total depreciation should be equal to the sum of (10 + 11) The value at field (12) of schedule DOA should be equal to sum of S. No. (10+11).
132 In “Schedule DOA” 14 Net aggregate depreciation should be equal to the sum of (12-13) Sr.no 14 in Schedule DOA should be equal to Sr.no 12-13
133 Schedule DOA S. No. 18 should be equal to S. No. 6+9-12 If the Value at field 18 is not equal to S. No. 6+9- 12 or Zero if result is negative in Schedule DOA
134 In “Schedule DEP” 1e Total depreciation on plant and machinery should be equal to the value entered in (1a + 1b + 1c+ 1d) S. No. 1e should be equal to sum of 1a + 1b + 1c+1d in Schedule DEP
135 In “Schedule DEP” 2d Total depreciation on building should be equal to the sum of (2a + 2b + 2c) S. No. 2d of schedule DEP should be equal to sum of S. No. 2a + 2b + 2c
136 In “Schedule DEP” 6 Total depreciation should be equal to the sum of (1d + 2d + 3 + 4 + 5) S. No. 6 of schedule DEP should be equal to sum of S. No. 1e+2d+3+4+5
137 Schedule DEP, block of plant and machinery entitled for depreciation @ 15% should be equal to S. No. 17i or 18i of schedule DPM as applicable S. No. 1a of schedule DEP should be equal to S. No. 17i of schedule DPM
138 Schedule DEP, block of plant and machinery entitled for depreciation @ 30% should be equal to S. No. 17ii or 18ii of schedule DPM as applicable S. No. 1b of schedule DEP should be equal to S. No. 17ii of schedule DPM
139 Schedule DEP, block of plant and machinery entitled for depreciation @ 40% should be equal to S. No. 17iii or 18iii of schedule DPM as applicable S. No. 1c of schedule DEP should be equal to S. No. 17iii of schedule DPM
140 Schedule DEP, block of plant and machinery entitled for depreciation @ 45% should be equal to S. No. 17iv or 18iv of schedule DPM as applicable S. No. 1d of schedule DEP should be equal to S. No. 17iv of schedule DPM
141 Schedule DEP, block of Building entitled for depreciation @ 5% should be equal to S. No. 14ii or 15ii of schedule DOA as applicable S. No. 2a of schedule DEP should be equal to S. No. 14ii of schedule DOA
142 Schedule DEP, block of Building entitled for depreciation @ 10% should be equal to S. No. 14iii or 15iii of schedule DOA as applicable S. No. 2b of schedule DEP should be equal to S. No. 14iii of schedule DOA
143 Schedule DEP, block of Building entitled for depreciation @ 40% should be equal to S. No. 14iv or 15iv of schedule DOA as applicable S. No. 2c of schedule DEP should be equal to S. No. 14iv of schedule DOA
144 Schedule DEP block of furniture and fittings should be equal to S. No. 14v or 15v of schedule DOA as applicable S. No. 3 of schedule DEP should be equal to S. No. 15v of schedule DOA
145 Schedule DEP block of intangible assets should be equal to S. No. 14vi or 15vi of schedule DOA as applicable S. No. 4 of schedule DEP should be equal to S. No. 15vi of schedule DOA
146 Schedule DEP block of ships should be equal to S. No. 14vii or 15vii of schedule DOA as applicable S. No. 5 of schedule DEP should be equal to S. No. 15vii of schedule DOA
147 In “Schedule DCG” 1e Total should be equal to the sum of (1a + 1b + 1c + 1d) If S. No. 1e is not equal to sum of 1a + 1b + 1c+ 1d
148 In “Schedule DCG” 2d Total should be equal to the total value entered in ( 2a + 2b + 2c) If S. No. 2d is not equal to sum of S. No. 2a + 2b + 2c
149 In “Schedule DCG” Total should be equal to the sum of 1e + 2d + 3 + 4 + 5 If S. No. 6 is not equal to sum of S. No. 1e + 2d + 3 + 4 + 5
150 In “Schedule DCG” 1a Block entitled for depreciation @ 15 per cent should be equal to (Schedule DPM – 20i) S. No. 1a of schedule DCG is not equal to S. No. 20i of schedule DPM
151 In “Schedule DCG” 1b Block entitled for depreciation @ 30 per cent should be equal to Schedule DPM – 20ii S. No. 1b of schedule DCG is not equal to S. No. 20ii of schedule DPM
152 In “Schedule DCG” in 1c Block entitled for depreciation @ 40 per cent should be equal to Schedule DPM – 20iii S. No. 1c of schedule DCG is not equal to S. No. 20iii of schedule DPM
153 Schedule DCG plant and machinery block entitled for depreciation at 45% should be equal to S. No. 20iv of schedule DPM S. No. 1d of schedule DCG is not equal to S. No. 20iv of schedule DPM
154 In “Schedule DCG” 2a Block entitled for depreciation @ 5 per cent should be equal to Schedule DOA- 17ii S. No. 2a of schedule DCG is not equal to S. No. 17ii of schedule DOA
155 In “Schedule DCG” 2b Block entitled for depreciation @ 10 per cent should be equal to Schedule DOA- 17iii S. No. 2b of schedule DCG is not equal to S. No. 17iii of schedule DOA
156 In “Schedule DCG” 2c Block entitled for depreciation @ 40 per cent should be equal to Schedule DOA- 17iv S. No. 2c of schedule DCG is not equal to S. No. 17iv of schedule DOA
157 In “Schedule DCG” Furniture and fittings should be equal to the Schedule DOA- 17v S. No. 3 of schedule DCG is not equal to S. No. 17v of schedule DOA
158 In “Schedule DCG” Intangible assets should be equal to Schedule DOA- 17vi S. No. 4 of schedule DCG is not equal to S. No. 17vi of schedule DOA
159 In “Schedule DCG” Ships should be equal to Schedule DOA- 17vii S. No. 5 of schedule DCG is not equal to S. No. 17vii of schedule DOA
160 In Schedule CG S. No. A6e of STCG should be equal to the (6 of schedule – DCG) The Amount claimed in A6e of Schedule CG is NOT EQUAL TO value of pt. 6 of Sch DCG
161 In “Schedule Manufacturing Account” Total Opening Inventory should be equal to the sum of Opening stock of raw- material + Opening stock of Work in progress Total of Opening Inventory S. No. 1Aiii is not equal to 1Ai+1Aii
162 In “Schedule Manufacturing Account” Total Direct expenses should be equal to the sum of Carriage inward + Power and fuel + Other direct expenses Total of Direct expenses is not equal to the total of 1Di +1Dii+1Diii
163 In “Schedule Manufacturing Account” Total Factory Overheads should be equal to the sum of Indirect wages + Factory rent and rates + Factory Insurance + Factory fuel and power + Factory general expenses + Depreciation of factory machinery Total Factory overheads as per S. No. 1Evii is not equal to the total of S. No. (Ei+ Eii+ Eiii+ Eiv + Ev + Evi)
164 In “Schedule Manufacturing Account” Total of Debits to Manufacturing Account should be equal to the sum of (Aiii + B + C + D + Evii) Total debits to manufacturing account as per S. No. 1F is not equal to S. No. 1(Aiii+ B+ C+ D+ Evii)
165 In “Schedule Manufacturing Account” Total Closing Stock should be equal to the sum of Raw material + Work-in-progress In Part A Manufacturing Account the sum of 2i+2ii and sl no.2 are inconsistent
166 Part A- Manufacturing Account, S. No. 3 Cost of Goods Produced – transferred to Trading Account (1F – 2) should be equal to 1F-2 S. No. 3 Cost of Goods Produced – transferred to Trading Account should be equal to 1F-2
167 Part A Manufacturing Account, Negative signs should not be allowed other than in S. No. 3 Value at field other than S. No. 3 of Manufacturing account is negative
168 In schedule Part A-Trading Account the break up of other operating revenue should be consistent with total other operating revenue (S. No. 4Aiiic). In Part A -Trading Account-sum of S. No. 4Aiii(a)+4Aiii(b) is not consistent with value in S. No. 4Aiii(c )
169 In Part A-Trading Account, S. No. 4A(iv) “total (i + ii + iiic)” is not equal to sum of SI. No.4A(i)+4A(ii)+4A(iiic). In Part A -Trading Account- sum of SI. No.4A(i)+4A(ii)+4A(iiic) and value at S. No. 4A(iv) are inconsistent
170 In Part A-Trading Account ,Sr.no 4C(ix)- Duties, taxes and cess received or receivable in respect of goods and services sold or supplied is not equal to sum of Sr.no 4C(i to viii) In Part A-Trading account the total of “Duties, taxes and cess received or receivable in respect of goods and services sold or supplied” in S. No. 4Cix is not equal to total of S. No. 4Ci + 4Cii + 4Ciii + 4Civ + 4Cv + 4Cvi + 4Cvii + 4Cviii
171 In Part A-Trading Account , S. No. 4D- Total Revenue from operations (Aiv + B + Cix) should be equal to the sum of (Aiv + B + Cix) Total revenue from operations in S. No. 4D is not equal to (Aiv + B +Cix)
172 In “Schedule Trading Account” Total of Direct Expenses should be equal to the sum of Carriage inward + Power and fuel + Other direct expenses Direct expenses in S. No. 9 is not equal to sum of 9i+9ii+9iii
173 In “Schedule Trading Account” ’10’ Total should be equal to the sum of (10i + 10ii + 10iii + 10iv + 10v + 10vi + 10vii + 10viii + 10ix + 10x + 10xi) Duties and taxes, paid or payable, in respect of goods and services purchased as per S. No. 10xii is not equal to sum of 10i + 10ii + 10iii + 10iv + 10v + 10vi + 10vii + 10viii + 10ix + 10x + 10xi
174 Part A Trading Account, Gross Profit from Business/Profession – transferred to Profit and Loss account as per S. No. 12 should be equal to S. No. sum of S. No. (6-7-8-9- 10xii-11) Gross Profit from Business/Profession – transferred to Profit and Loss account as per S. No. 12 is not equal to S. No. (6-7-8-9-10xii-11)
175 Part A Trading Account, Negative signs should not be allowed other than in S. No. 11 and/or 12 Value at field other than S. No. 11 and/or 12 of Trading account is negative
176 In trading A/c field 11 “Cost of goods produced – Transferred from Manufacturing Account” should match with field 3 “Cost of Goods Produced – transferred to Trading Account (1F-2)” of Manufacturing A/c. S. No. 11 of Part A trading Account Cost of goods produced – Transferred from Manufacturing Account is not equal to S. No. 3 of Part A Manufacturing Account- Cost of Goods Produced – transferred to Trading Account.
177 In Profit & Loss A/c field 13 “Gross profit transferred from Trading Account” should match with field 12 “Gross Profit from Business/Profession – transferred to Profit and Loss account (6-7-8-9-10xii-11)” of Trading A/c. S. No. 13 Gross profit transferred from Trading Account od Part A P&L should be equal to S. No. 12 (Gross Profit from Business/Profession – transferred to Profit and Loss account ) of Part A trading account
178 In “Schedule Part A-P& L” ’14(xi)’ Any other income should be equal to the sum of amount entered in individual rows. In schedule Part A-P & L, the break up of Any Other Income (Specify Nature and Amount) at S. No. 14.xic shall be equal to sum of S. No. 14.x.(ia + ib)
179 In schedule Part A-P & L, the sum of individual other income and total of other income are inconsistent. Sum of other income S. No. 14 (i + ii + iii + iv + v + vi + vii + viii + ix + x+xic) is not equal to total of other income in Schedule Part A- P&L
180 In “Schedule A-P&L” in 15 of Total of credits to profit and loss account should be equal to the sum of Gross profit transferred from Trading Account + Total of other income In part A P& L S. No. 15 should be equal to sum of 13+14xii
181 Part A P&L, If Si no 22xiia is yes then S. No. 22xiib cannot be Zero or null or blank If Si no 22xiia is yes then S. No. 22xiib cannot be Zero or null or blank
182 In Part A-P&L, Sum of compensation and benefits to Employee S. No. 22i to 22x should be equal to SR.NO 22xi. S. No. 22xi Compensation to employees should be equal to sum of 22i to 22x
183 In schedule Profit and Loss Account, sum of expenditure on insurance SR.NO 23i to 23iv should be equal to SR.NO 23v Total S. No. 23v Total expenditure on insurance (23i + 23ii + 23iii + 23iv) should be equal to sum of S. No. 23i + 23ii + 23iii + 23iv)
184 In “Schedule Part A-P& L” Total Commission should be equal to the sum of Paid outside India, or paid in India to a non-resident other than a company or a foreign company + To others S. No. 30iii commission should be equal to S. No. 30i+30ii
185 In “Schedule Part A-P& L” Total Royalty should be equal to the sum of (Paid outside India, or paid in India to a non- resident other than a company or a foreign company + To others) S. No. 31iii Royalty should be equal to S. No. 31i+31ii
186 In “Schedule Part A-P& L” Total Professional / Consultancy fees / Fee for technical services should be equal to the sum of (Paid outside India, or paid in India to a non-resident other than a company or a foreign company + To others) S. No. 32iii Professional / Consultancy fees / Fee for technical services should be equal to S. No. 32i+32ii
187 In “Schedule Part A-P& L” Total rates and taxes paid or payable should be equal to the sum of (Union excise duty + Service tax + VAT/ Sales tax + Cess + Central Goods & Service Tax (CGST) + State Goods & Services Tax (SGST) + Integrated Goods & Services Tax (IGST) + Union Territory Goods & Services Tax (UTGST) + Any other rate, tax, duty or cess including STT and CTT) S. No. 44xTotal rates and taxes paid or payable (44i + 44ii +44iii +44iv + 44v + 44vi + 44vii + 44viii +44ix) should be equal to sum of S. No. 44i + 44ii +44iii +44iv + 44v + 44vi + 44vii + 44viii +44ix
188 In “Schedule Part A-P& L “Total other expenses should be equal to the sum of the amount entered in all rows S. No. 47 Other expenses should be equal to sum of 47i+47ii+47n
189 In “Schedule Part A-P& L” ’48(iv)’ Total Bad Debt should be equal to the sum of (48i + 48ii + 48iii) In schedule Part A-P & L, the sum of Bad Debts, amount entered in S. No. 48i + 48ii + 48iii shall be consistent with total of S. No. 48.iv. Total Bad Debt (48i (All PAN) + 48ii + 48iii )
190 In “Schedule Part A-P& L” Profit before interest, depreciation and taxes should be equal to the sum of [15 – (16 to 21 + 22xi + 23v + 24 to 29 + 30iii + 31iii + 32iii + 33 to 43 + 44x + 45 + 46 + 47iii + 48iv + 49 + 50)] Part A P&L, S. No. 51 Profit before interest, depreciation and taxes should be equal to sum of S. No. [15 – (16 to 21 + 22xi + 23v + 24 to 29 + 30iii + 31iii + 32iii + 33 to 43 + 44x + 45 + 46 + 47iii + 48iv + 49 + 50)]
191 In “Schedule Part A-P& L” Total Interest should be equal to the sum of Paid outside India, or paid in India to a non- resident other than a company or a foreign company + To others In schedule Part A-P & L, the sum of Interest , amount entered in S. No. 52.i+52ii and sum of amount shown in S. No. 52.iii. Total(i+ii) are inconsistent
192 In schedule P& L Total Interest paid outside India does not tally with individual break up In schedule Part A-P & L, the sum of Interest paid outside India , amount entered in S. No. 52.ia+52ib and sum of amount shown in S. No. 52i Total(ia+ib) are inconsistent
193 In schedule P& L Total Interest paid outside India does not tally with individual break up In schedule Part A-P & L, the sum of Interest paid in India , amount entered in S. No. 52.iia+52iib and sum of amount shown in S. No. 52ii Total(iia+iib) are inconsistent
194 To check with e-filing if this rule will be implemented Sum of amount entered in this field and amount entered in field no 64(iii) of schedule P&l cannot exceed amount entered in Col 9 (Remuneration paid/ payable) of point E of Part A General.
195 In “Schedule Part A-P& L” in ’54’ Net profit before taxes should be equal to the sum of (51 – 52iii – 53) Part A P&L, S. No. 54 Net profit before taxes should be equal to S. No. (51 – 52iii – 53)
196 Salary/Remuneration paid to Partners of the firm is claimed by other than Firm. If status is other than Firm or LLP and S. No. 46 of P&L is greater than zero
197 In “Schedule Part A-P& L” ’57’ Profit after tax is not equal to the sum of (54 – 55 – 56) In ” Part A-P& L”, S. No. 57 Profit after tax should be equal to 54 – 55 – 56
198 In “Schedule Part A-P& L” Amount available for appropriation should be equal to the sum of Profit after tax + Balance brought forward from previous year Part A P&L, S. No. 59 Amount available for appropriation, should be equal to 57 + 58
199 In “Schedule Part A-P& L” Balance carried to balance sheet in proprietor’s account should be equal to the sum of Amount available for appropriation – Transferred to reserves and surplus In “Schedule Part A-P& L”, S. No. 61 Balance carried to balance sheet in proprietor’s account should be equal to S. No. 59-60
200 In “Schedule A-P&L” Gross turnover/Gross receipts should be equal to the sum of ‘Through a/c payee cheque or a/c payee bank draft or bank electronic clearing system received before specified date + ‘Any other mode S. No. 62(i) Gross Turnover or Gross Receipts should be equal to sum of S. No. 62ia + 62ib in ” Part A-P& L”
201 In “Schedule A-P&L” Presumptive income under section 44AD should be equal to the sum of 6% of 62ia, or the amount claimed to have been earned, whichever is higher + 8% of 62ib, or the amount claimed to have been earned, whichever is higher S. No. 62(ii) Presumptive Income under section 44AD should be equal to sum of S. No. 62iia + 62iib in ” Part A-P& L”
202 In Profit & Loss A/c field 62(ii)(a) cannot be less than 6% of field 62(i)(a). S. No. 62iia cannot be less than 6% of the amount in S. No. 62ia in ” Part A-P& L”
203 In Profit & Loss A/c field 62(ii)(b) cannot be less than 8% of field 62(i)(b). S. No. 62iib cannot be less than 8% of the amount in S. No. 62ib in ” Part A-P& L”
204 Income claimed u/s 44AD can not be more than gross receipts Part A P&L – S. No. 62ib is Less than 62iib
205 Income claimed u/s 44AD can not be more than gross Turnover Part A P&L – S. No. 62ia is Less than 62iia
206 In Profit & Loss A/c field 63(ii) cannot be less than 50% of field 63(i). S. No. 63ii cannot be less than 50% of the amount in S. No. 63i in ” Part A-P& L”
207 Business code u/s 44AD is to be selected for income declared u/s 44AD. If In Part A P&L “business code” u/s 44AD is selected and income in field 62(i) and/or 62(ii) is zero or null
208 Nature of business must be filled by the assessee if 62(i) and /or 62(ii) is greater than zero If S. No. 62 nature of business is blank and S. No. 62(i) and/or 62(ii) is greater than zero in ” Part A-P& L”
209 Business code u/s 44ADA is to be selected for income declared u/s 44ADA. If In Part A P&L “business code” u/s 44ADA is selected and income in field 63(i) and/or 63(ii) is zero or null
210 Nature of profession must be filled by the assessee if 63(i) and /or 63(ii) is greater than zero If S. No. 63 nature of Profession is blank and S. No. 63 (i) and/or 63(ii) is greater than zero in ” Part A-P& L”
211 Business code u/s 44AE is to be selected for income declared u/s 44AE. If In Part A P&L “business code” u/s 44AE is selected and income in field 64(i) and/or 64(iii) is zero or null
212 Nature of business must be filled by the assessee if 64(ii) is greater than zero If S. No. 64 nature of business is blank and S. No. 64 (ii) is greater than zero in ” Part A-P& L”
213 The provisions of 44ADA is not applicable for persons carrying on business If value at field 63ii is greater than “Zero” in ” Part A-P& L” ,but section code selected in Business code under table “44ADA” is other than below codes :

14001, 14002,14003, 14004, 14005, 14006, 14008, 16001, 16002, 16003, 16004, 16005, 16007, 16008, 16009, 16013, 16018, 16019, 16019, 16020 18001, 18002, 18003, 18004, 18005, 18010, 18011, 18012, 18013, 18014, 18015, 18016, 18017, 18018, 18019, 18020, 20010, 20011, 20012

214 In schedule BP field 36(i) “Section 44AD (62(ii) of schedule P&L)” should match with field 62(ii) “Presumptive income under section 44AD(iia + iib)” of Schedule Profit & Loss A/c. If S. No. 36(i) is not equal to 62 (ii) of schedule P&L
215 In schedule BP field 36(ii) “Section 44ADA [63(ii) of schedule]” should match with field 63(ii) “Presumptive Income under section 44ADA ” of Schedule Profit & Loss A/c. If S. No. 36(ii) is not equal to 63(ii) of schedule P&L
216 In schedule BP field 36(iii) “Section 44AE [64(iv) of schedule]” should match with field 64(iv) “Total Presumptive Income u/s 44AE (ii-iii)” of Schedule Profit & Loss A/c. If S. No. 36(iii) is not equal to 64 (iv) of schedule P&L

This rule is applicable only if value at 64(iv) is positive

217 The value at filed “64(ii) Total presumptive income from goods carriage u/s 44AE” is greater than zero than table 64(i) of 44AE in schedule Profit & Loss A/c should be filed. In schedule P&L, in schedule 44AE, under goods carriage schedule, the value at field 64(ii) (Presumptive Income) is MORE THAN ZERO but details in table at S. No. 64(i) are null/blank/zero
218 In “Schedule Profit & Loss A/c” field 64(ii) “Total presumptive income from goods carriage u/s 44AE” should be equal to the value entered in [total of column (5)]. Part A P&L – S. No. 64(ii) is not equal to column 5 “Presumptive income u/s 44AE “
219 In “Schedule Profit & Loss A/c” in table 64(i) of 44AE, total of column 4 “Number of months for which goods carriage was owned / leased / hired by assessee” shall not exceed 120. if in 44AE number of months exceeds 120 months in col 4 and 64 (ii) is greater than zero in ” Part A-P& L”
220 In “Schedule Part A-P& L”Total Presumptive Income u/s 44AE should be equal to the sum of 64(ii-iii) In case of Firm, Value at 64(iv) in “schedule P&L is not equal to the difference of 64(ii) and 64(iii)

Note -> Rule shall be applicable only when 64(ii) is greater than 64(iii)

221 In “Schedule Profit & Loss A/c” in table 64(i) of 44AE, if the Tonnage capacity at column 3 “Tonnage Capacity of goods carriage(in MT)” exceeds 12MT then column 5 “Presumptive income u/s 44AE for the goods carriage” cannot be less than column 3 “Tonnage Capacity of goods carriage(in MT)” * column 4 “Number of months for which goods carriage was owned / leased / hired by assessee” *1000.

In “Schedule Profit & Loss A/c” in table 64(i) of 44AE, if the Tonnage capacity at column 3 “Tonnage Capacity of goods carriage(in MT)” is less than or equal to 12MT then column 5 “Presumptive income u/s 44AE for the goods carriage” cannot be less than column 4 “Number of months for which goods carriage was owned / leased / hired by assessee” *7500.

In S. No. 64 column 5 is less than :

1.- for Tonnage<=12MT-Rs. 7500 *no. of months 2.-for Tonnage >12MT-Tonnage *1000*no. of months

222 The presumptive income offered u/s 44AE per vehicle is less than Rs.1000 per MT per month (where the tonnage capacity exceeds 12 MT) or Rs. 7500 per month (where the tonnage capacity does not exceed 12 MT). In schedule P&L

If the tonnage capacity of goods carriage in column 3 of S. No. 64(i) exceeds 12 MT AND

The presumptive Income u/s 44AE per vehicle in Col. 5 S. No. 64(i) is less than Rs 1000 Per MT per month

Or,

In sch. P&L

If the tonnage capacity of goods carriage in col. 3 of S. No. 64(i) does not exceeds 12 MT

AND

The presumptive income u/s 44AE per vehicle in col. 5 of S. No. 64(i) is less than Rs 7500 per month.

223 Presumptive Business Income Under Section 44AD and 44ADA cannot be claimed by other than Resident Partnership Firm. The value at field S. No. 62 or 63 is more than zero and the sub status in filing status is other than Resident Partnership Firm
224 The provisions of 44AD is not applicable for General commission agents and persons carrying on professions as referred in section 44AA(1) The value at field “62ii” is greater than ” zero” in schedule P/L and

In schedule NOB- Nature of Business, column “Code [Please see instruction]” is filled with any of the following codes :

14001, 14002, 14003, 14004, 14005, 14006, 14008, 16001, 16002, 16003, 16004, 16005, 16007, 16008, 16009, 16013, 16018, 16019, 16019, 16020, 18001, 18002, 18003, 18004, 18005, 18010, 18011, 18012, 18013, 18014, 18015, 18016, 18017, 18018, 18019, 18020, 20010, 20011, 20012, 09005

225 In schedule P&L Net profit is not equal to difference between Gross profit and Expenses in point 65(i)(d) In Schedule P&L, S. No. 65(i)(b)- Sr.no 65(i)(c) NOT equal to S. No. 65(i)(d)
226 In schedule P&L Net profit is not equal to difference between Gross profit and Expenses in point 65(ii)(d) In Schedule P&L, Sr.no 65(ii)(b)- Sr.no 65(ii)(c) should be equal to Sr.no 65(ii)(d)
227 In Schedule P&L, Gross profit cannot be more than Gross Turnover/Receipts for assessee carrying on the business where books of accounts are not maintained In Schedule P&L, S. No. 65(i)(b) is more than Si.no65(i)(a)
228 In Schedule P& L, Gross profit cannot be more than Gross Receipts for assessee carrying on profession where books of accounts are not maintained In Schedule P&L, S. No. 65(ii)(b) is more than S. No. 65(ii)(a)
229 In Schedule P&L, Gross turnover is not equal to sum of turnover received Through a/c payee cheque or a/c payee bank draft or bank electronic clearing system received before specified date and Any other mode in Schedule Profit and Loss pt(65ia) If value at field no 65(i)(a) ‘Gross receipts’ is not equal to total of

[65(i)(a)(i)+65(i)(a)(ii)]

230 In “Schedule A-P&L” 65ii(a) Gross receipts should be equal to the sum of Through a/c payee cheque or a/c payee bank draft or bank electronic clearing system received before specified date + Any other mode S. No. 65iia should be equal to sum of S. No. 65iia1+65iia2
231 In “Schedule A-P&L” Total Profit should be equal to the sum of (65id + 65iid) Total profit as per 65iii should be equal to sum of 65id+65iid

Note if either of S. No. 65(id) or 65(iid) is negative then taxpayer should enter it as Zero

232 Part A P&L, S. No. 66iv Net income from speculative activity is not equal with the difference between Gross profit (66ii) and Expenses 66(iii) S. No. 66iv Net income from speculative activity should be equal to Gross profit (66ii)- Expenses 66(iii)
233 In schedule P&L Salary/Remuneration to Partners of the firm cannot be greater than zero if presumptive income declared u/s 44AE in S. No. 64(ii) is null/blank/zero If S. No. 64(iii) is greater than zero and 64(ii) is null/blank/zero

In case status is other than Firm S. No. 64(iii) cannot be greater than Zero

234 If Assessee is liable for audit u/s 44AB, Part A BS and Part A P&L can not be blank Audit information, S. No. b is Yes and Part A BS and Part A P&L are blank (i.e.,Zero or Null)
235 “Sources of funds” should match with “Total application of funds” in Balance sheet S.No 5.-” Sources of funds” is NOT EQUAL TO S.No 5 Total application of funds in Balance sheet
236 In “Schedule Part A-BS” Total partners’/ members’ fund should be equal to the sum of Partners’ / members’ capital + Total Reserves and Surplus If S. No. 1c is not equal to sum of S. No. 1a + 1bvi
237 In “Schedule Part A-BS” Total Loan Funds should be equal to the sum of total Secured loans + total unsecured loans If S. No. 2c is not equal to sum of S. No. 2 (aiii + biii)
238 In “Schedule Part A-BS” Sources of funds should be equal to the sum of Total Partners’ / members’ fund + Total Loan Funds + Deferred tax liability + Total Advances If S. No. 5 is not equal to sum of S. No. (1c + 2c +3+4iii)
239 In “Schedule Part A-BS” Total investments should be equal to the sum of Long-term investments + Short-term investments If S. No. 2c is not equal to sum of S. No. 2 (aviii + bvii)
240 In “Schedule Part A-BS” Total current assets should be equal to the sum of 3a(iH + iiC + iiiD + aiv) If S. No. 3av is not equal to sum of S. No. 3a (iH + iiC + iiiD + aiv)
241 In “Schedule Part A-BS” Net current assets should be equal to the sum of Total of current assets, loans and advances- Current liabilities and provisions If S. No. 3e is not equal to difference of S. No. (3c – 3diii)
242 In “Schedule Part A-BS” Total, application of funds should be equal to the sum of (1e + 2c + 3e + 4d) If S. No. 5 is not equal to sum of S. No. (1e + 2c + 3e +4d)
243 Assessee should enter valid Mobile Number If Assessee selects country code as “+91 – India” at the field provided “Country” in schedule “Part A General” and gives mobile no 1 or 2 as less than or more than 10 digits.

Please note that mobile no starting with zero is not valid.

244 “Name” does not match with the “Name” as per the PAN database. The name as entered by you in the return does not match with the name as per the PAN date base.
245 If the original return is filed under section 142(1) then tax payer cannot file revised return If return is being filed u/s 139(5) and if entry is available in e-filing table for original return which is filed u/s 142(1)
246 Whether you have held unlisted equity shares at any time during the previous year? Flag is Y but the details are not filled In Part-A general if Yes is selected in “Whether you have held unlisted equity shares at any time during the previous year?”

AND

at least one row is not filled

247 Return is being filed by Representative Assessee but the PAN quoted in return is not same as the PAN who is trying to upload the return. In Part A General, Return is being filed by Representative Assessee but the PAN quoted in return is not same as the PAN who is trying to upload the return.
248 If in verification part representative is selected from dropdown of capacity then Yes should be selected in “Whether this return is being filed by a representative assessee” & details of representative assessee in part -A general must be filled Details regarding “Name of the representative, Capacity of the representative, Address of the representative and Permanent Account Number (PAN/ Aadhaar of the representative)” is not filled but “representative” dropdown is selected in Verification Sheet.
249 Donee PAN is same as “Assessee PAN” or “PAN at Verification” If “PAN of the donee” in Sch 80G ( if filled ) is equal to Assessee PAN mentioned in Part A General Information of Schedule Income Details or PAN as entered in verification part .
250 Field Whether assessee is declaring income only under section 44AD/ 44ADA/44AE/44B/44BB/44BBA can not be blank You are liable to select Yes/NO in Part A general Information-Audit Information (A3 )
251 If Assessee selects field Whether assessee is declaring income only under section 44AD/44ADA/44AE/ 44B/44BB/44BBA as no, a2i cannot be left blank in Part A general Information-Audit Information, S. No. a2i cannot be blank, if a2 is selected as no
252 If Assessee selects field Whether assessee is declaring income only under section 44AD/44ADA/44AE/ 44B/44BB/44BBA as Yes, a2ii cannot be left blank in Part A general Information-Audit Information, S. No. a2ii cannot be blank, if a2 is selected as Yes
253 If Assessee selects field Whether assessee is declaring income only under section 44AD/44ADA/44AE/ 44B/44BB/44BBA as no, a2iii cannot be left blank in Part A general Information-Audit Information, S. No. a2iii cannot be blank, if a2 is selected as Yes
254 In part A general, Date of audit report cannot be greater than system date at “Audit Information at C-vii , D(i), D (ii), e(iv)” “Date of Audit report” in Part A General : Audit Information at C-vii , D(i), D (ii), e(iv) cannot be greater than system date
255 Taxpayer is a non-resident and showing income under section 115BBF in schedule OS In Filing status Residential Status is “Non Resident” and Income u/s 115BBF in Schedule OS or in schedule BP S. No. 7d is greater than Zero.
256 Nature of business or profession can not be blank Nature of business or profession can not be blank
257 In case of Firm, Cooperative Bank, Other Cooperative Society, LLP, Private Discretionary Trust, Any other AOP/BOI, PAN entered at “Verification” is not matching with any PAN entered at “PARTNERS/ MEMBERS/TRUST INFORMATION” In case of Firm, Cooperative Bank, Other Cooperative Society, LLP, Private Discretionary Trust, Any other AOP/BOI, PAN entered at “Verification” under Part B TTI is not matching with any one of the PAN entered at the “PAN” field at Table E of “PARTNERS/ MEMBERS/TRUST INFORMATION” in Part A-GENERAL 2
258 Assessee selects “Status” as Firm and “Sub status” is selected as other than “Limited Liability Partnership” or “Partnership Firm” or “Sub status” is left blank. If assessee selects “Status” as Firm and the “Sub status” is selected as other than Limited Liability Partnership or Partnership Firm

or

No “Sub status” code is available.

259 Assessee selects “Status” as “AOP / BOI” and the “Sub status” is selected as other than Primary Agricultural Credit Society, Co-operative bank other than a primary agricultural credit society or a primary co- operative agricultural and rural development bank, Primary Co-operative Agricultural and Rural Development bank, Society registered under society registration Act, 1860 or any other Law corresponding to that state, Other cooperative society,

Trust other than trust eligible to file Return in ITR 7, Business Trust, Investment Fund, Any other AOP/BO or No “Sub status” code is available.

If assessee selects “Status” as “AOP / BOI” and the “Sub status” is selected as other than Primary Agricultural Credit Society, Co-operative bank other than a primary agricultural credit society or a primary co-operative agricultural and rural development bank, Primary Co- operative Agricultural and Rural Development bank, Society registered under society registration Act, 1860 or any other Law corresponding to that state, Other cooperative society, Trust other than trust eligible to file Return in ITR 7, Business Trust, Investment Fund, any other AOP/BO or No “Sub status” code is available.
260 Assessee selects “Status” as artificial juridical person and sub-status is other than Estate of the deceased, Estate of the insolvent, Other AJP

or

No “Sub status” code is available.

If assessee selects “Status” as artificial juridical person and sub-status is other than Estate of the deceased, Estate of the insolvent, Other AJP

or

No “Sub status” code is available.

261 If assessee selects status as Local Authority in schedule “Part A General” then sub status field should be Null If assessee selects “Status” as Local Authority .

And

“Sub status” code is available.

262 In Schedule PTI, Col. 9 should be equal to Col. 7-8 In schedule PTI Col. 9 is not equal to output of Col. 7-8
263 In Schedule PTI, S. No. iia Short Term should be equal to sum of ai+aii In schedule PTI, S. No. iia Short Term should be equal to sum of ai+aii
264 In Schedule PTI, S. No. iib Long Term should be equal to sum of bi+bii In schedule PTI, S. No. iib Long Term should be equal to sum of bi+bii
265 In Schedule PTI, S. No. iii Other Sources should be equal to sum of a+b In schedule PTI, S. No. iii Other Sources should be equal to sum of a+b
266 In Schedule PTI, S. No. iv Income claimed to be exempt should be equal to sum of a+b+c In schedule PTI, S. No. iv Income claimed to be exempt should be equal to sum of a+b+c
267 In Schedule EI S. No. 6 Pass through income not chargeable to tax should be equal to the amount of exempt income mentioned in Schedule PTI Schedule EI S. No. 6 is not equal to the sum of S. No. .1(iv)of Sch PTI against all the Names of business trust / investment fund
268 In schedule FSI , Tax relief available (Column e) should be lower of tax paid outside India (column c) or Tax payable on such income under normal provisions in India (Column d) In schedule FSI, column e is not lower of column c or column d
269 Schedule FSI is not applicable for non residents In Part A General, residential status is Non Resident and details are filled in Schedule FSI
270 In Schedule FSI, Total should be equal to sum of S. No. (i+ii+iii+iv) for Column d, c b and e In Schedule FSI, Total should be equal to sum of S. No. (i+ii+iii+iv) for column d, c b and e
271 In “Schedule TR”, value at S. No. 2 “Total Tax relief available in respect of country where DTAA is applicable” should be equal to “Total of values at column 1(d)” where section is selected as “90”/”90A” at ‘Column 1(e)’ In Schedule TR, S. No. 2 is not equal to sum of col no 1d if col no f is 90/90A
272 In “Schedule TR”, value at S. No. 3 “Total Tax relief available in respect of country where DTAA is not applicable” should be equal to “Total of values at column 1(d)” where section is selected as “91” at ‘Column 1(e)’ In Schedule TR, S. No. 3 is not equal to sum of col no 1d if col no f is 91
273 In schedule TR, S. No. 2+3 should be equal to total of column 1d In schedule TR, S. No. 2+3 is not equal to total of column 1d
274 Schedule TR is not applicable if residential status is non resident In Part A General, residential status is Non Resident and details are filled in Schedule TR
275 In Schedule TR, Col c Total taxes paid outside India is not equal to total of Col. C of Schedule FSI in respect of each country In Schedule TR, Col c Total taxes paid outside India should be equal to total of Col. c of Schedule FSI in respect of each country
276 In Schedule TR, Col d Total tax relief available should be equal to total of Col. e of Schedule FSI in respect of each country In Schedule TR, Col d Total tax relief available should be equal to total of Col. e of Schedule FSI in respect of each country
277 In schedule GST if GSTIN No(s). is filled then “Annual value of outward supplies as per the GST return(s) filed” is mandatory. If “GSTIN No.” is filled and “Annual Value of Outward Supplies as per the GST Return Filed” is blank
278 In schedule GST if “Annual value of outward supplies as per the GST return(s) filed” is filled then “GSTIN No(s).” is mandatory. If “Annual Value of Outward Supplies as per the GST Return Filed” is filled and “GSTIN No.” is not filled.
279 Total of Annual value of Outward Supplies as per the GST returns filed should be consistent with the break-up column Total of Annual Value of Outward supplies as per GST return should be equal to the sum of breakup of each field Column 3 of GST schedule
280 Answer to Whether, you have made any investment/ deposit/ payments between 01.04.2020 to 31.07.2020 for the purpose of claiming any deduction under Part B of Chapter VIA Is yes but schedule DI is not filled In Part B of Chapter VIA, answer to “Whether, you have made any investment/ deposit/ payments between 01.04.2020 to 31.07.2020 for the purpose of claiming any deduction under Part B of Chapter VIA?” is selected as “Yes” but schedule S. No. A of DI is blank/ null
281 Eligible amount of deduction during FY 2019-20 mentioned in schedule DI should match with system computed amount of deduction u/s 80G, 80GGA and 80GGC as per Part B- Deductions and Taxable total Income for the respective section Column 2 of S. No. A of Schedule DI- Section and Eligible amount of deduction during FY 2019-20 is not matching with system computed amount of deduction u/s (80G, 80GGA and 80GGC) as per Schedule VIA Part B- Deductions in respect of certain payments is more than zero for the respective section mentioned by taxpayer
282 Answer to Whether, you have made any investment/ deposit/ payments between 01.04.2020 to 31.07.2020 for the purpose of claiming any deduction under Part B of Chapter VIA Is yes and Column no 2 of Schedule DI is greater than zero but the amount in column 3 is blank/null If answer to “Whether, you have made any investment/ deposit/ payments between 01.04.2020 to 31.07.2020 for the purpose of claiming any deduction under Part B of Chapter VIA?” is selected as “Yes” and column no 2 of S. No. A of schedule DI is greater than zero then column no 3 of S. No. A of schedule DI cannot be blank/ null
283 Deduction attributable to investment/ expenditure made between 01.04.2020 to 31.07.2020 cannot exceed column no 2 of S. No. A of schedule DI Amount in column no 3 of S. No. A of Schedule DI is more than column no 2 of S. No. A of Schedule DI
284 In schedule 10AA, Amount of deduction is greater than zero but S. No. B of schedule DI is not filled Amount of deduction as per schedule 10AA is greater than zero but schedule DI is not filled
285 Undertakings mentioned in schedule 10AA are not matching with undertaking mentioned in S. No. B of Schedule DI Undertakings as per schedule 10AA is not matching with Undertaking mentioned in column 1 of schedule DI
286 Amount of deduction as per section 10AA (column 2) in schedule DI are not matching with the Amount of deduction as per Schedule 10AA Amount of deduction as per section 10AA (column 2) in schedule DI are not matching with the Amount of deduction as per Schedule 10AA
287 Details in Schedule 10AA are filled but the Date of letter of approval issued in accordance with the provisions of the SEZ Act, 2005 is blank Details in Schedule 10AA are filled but the Column 3 of Schedule DI Date of letter of approval issued in accordance with the provisions of the SEZ Act, 2005 is not filled
288 Details in Schedule 10AA are filled but answer to question “Is this the first year of claiming deduction u/s 10AA AND whether conditions have been complied between 01.04.2020 to 30.09.2020” is not provided Details in Schedule 10AA are filled but answer to question in Column 4 “Is this the first year of claiming deduction u/s 10AA AND whether conditions have been complied between 01.04.2020 to 30.09.2020” is not filled
289 In schedule CG, Amount utilized out of Capital Gains account in Long term Capital Gains is greater than zero but S. No. C in schedule DI is not filled In schedule CG, Amount utilized out of Capital Gains account as per S. No. B10a in Long term capital gains of Schedule CG is greater than zero but S. No. C in schedule DI is not filled
290 In schedule CG, Amount utilized out of Capital Gains account in Short term Capital Gains is greater than zero but S. No. C in schedule DI is not filled In schedule CG, Amount utilized out of Capital Gains Account as per S. No. A7a in Short term capital gains of Schedule CG is greater than zero but S. No. C in schedule DI is not filled
291 Section and Amount utilized out of Capital Gains account (column 2) in S. No. C of schedule DI are not matching with the amount utilized out of Capital Gains account as per S. No. B10a of Long term capital gains of Schedule CG Section and Amount utilized out of Capital Gains account (column 2) in S. No. C of schedule DI are not matching with the amount utilized out of Capital Gains account as per S. No. B10a of Long term capital gains of Schedule CG
292 Section and Amount utilized out of Capital Gains account (column 2) in S. No. C of schedule DI are not matching with the amount utilized out of Capital Gains account as per S. No. A7a of Schedule CG of Short term capital gains of Schedule CG Section and Amount utilized out of Capital Gains account (column 2) in S. No. C of schedule DI are not matching with the amount utilized out of Capital Gains account as per S. No. A7a of Schedule CG of Short term capital gains of Schedule CG
293 Amount utilized between 01.04.2020 to 30.09.2020 in S. No. C of Schedule DI cannot exceed column no 2 of S. No. C of schedule DI Amount in column no 3 in S. No. C of schedule DI is more than column no 2 of S. No. C of schedule DI
294 In “Schedule PART B – TI”, value of ‘2v’ “Total” should be equal to the sum of (2i + 2ii + 2iii + 2iv) In schedule -Part B TI the value in pt. 2v -“Total (2i + 2ii + 2iii+2iv)” IS NOT EQUAL TO total of pt. (2i + 2ii + 2iii+2iv)
295 In “Schedule PART B – TI” , value of ‘3a(v)’ “Total Short-term” should be equal to the sum of (ai + aii + aiii + aiv) . In schedule -Part B TI the value in pt. 3av -“Total Short term ” IS NOT EQUAL TO total of pt. (3ai+3aii+3aiii+3aiv)
296 In “Schedule PART B – TI”, value of ‘3b(iv)’ Total Long-term should be equal to the sum of (bi + bii + biii) In schedule -Part BTI the value in pt. 3biv -“Total Long term ” in Part B TI IS NOT EQUAL TO total of pt. (3bi+3bii+3biii)
297 In “Schedule PART B – TI” , value of ‘3c’ “Total capital gains” should be equal to the sum of (3av + 3biv) In schedule -Part B TI the value in pt. 3c -“Total Capital gains” IS NOT EQUAL TO total of pt. (3av + 3biv)
298 In “Schedule PART B – TI”, value of ‘4d’ “Total” should be equal to the sum of (4a + 4b + 4c) In schedule -Part B TI the value in pt. 4d -“Total (4a + 4b + 4c)” IS NOT EQUAL TO total of pt.(4a + 4b + 4c)
299 In “Schedule PART B – TI” , value at S. No. ‘5’ “Total of head wise income” should be equal to the value of 1 + 2v + 3c + 4d In schedule -Part B TI the value in pt. 5 IS NOT EQUAL TO total of pt.(1 + 2v + 3c+ 4d)
300 In “PART B- TTI” value at S. No. ’10a’ “Advance tax ” and ’10d’ “Self Assessment Tax” should be equal to the sum of total Tax Paid in schedule IT

or

In “PART B- TTI”, value at S. No. ’10b’ “TDS ” should be equal to the value at “total” field of “Column 9 of 15B(1) and 15B(2)” in TDS Schedule.

or

In “PART B- TTI” of ’10c’ “TCS ” should be equal to the value at “total” field of “Column 7 of 15C in TCS Schedule.

If Total of pt10a (Advance Tax ) & 10d( Self- Assessment Tax ) i.e. pt10a+pt10d is NOT EQUAL TO the amount total field (5) in “pt. 15A-Details of payments of Advance Tax and Self- Assessment Tax in “Schedule IT ”

OR

If value in pt. 10b is NOT EQUAL TO sum of Total value of col 9( Amount claimed in own hands) in pt. 15B (TDS from salary)

Total value of col 7 (Amount claimed in own hands) in pt. 15C

OR

If value in pt. 10c is NOT EQUAL TO sum of Total value of col 7 (Amount claimed in own hands) in pt. 15C

301 In “Schedule PART B – TI” , value of ‘1’ ‘Income from house property’ should be equal to value at “S. No. 3 of Schedule- HP” In Part B TI , the value in Pt1 -“Income from house property” >0

AND

this value is NOT EQUAL TO “pt. 3 4” field of Schedule HP (Total field Includes income from all House properties)

302 In “Schedule PART B – TI” , value of ‘2i’ Profits and gains from business other than speculative business and specified business should be equal to “A38 of Schedule-BP” In Part B TI ,the value in Pt 2(i) -“Profits and Gains from business other than speculative business and specified business ” is greater than zero

AND

this value is NOT EQUAL TO “A38 Net Profit or Loss from Business or Profession” field of Schedule BP.

303 In “Schedule PART B – TI” , value of ‘2ii’ Profits and gains from speculative business should be equal to “F3(ii)” at table “F of Schedule BP.” In Part B TI ,the value in Pt 2(ii) -“Profits and gains from speculative business ” is greater than zero

AND

this value is NOT EQUAL TO “pt3ii Income from Speculative Business” field in Table F of Schedule BP.

304 In “Schedule PART B – TI” , value of ‘2iii’ Profits and gains from specified business should be equal to “F3(iii)” at table “F of Schedule BP.” In Part B TI ,the value in Pt 2(iii) -“Profits and gains from specified business ” is greater than zero

AND

this value is NOT EQUAL TO pt3iii Income from Specified Business” field in Table F of Schedule BP

305 Income claimed in STCG chargeable @15%, but “Table E in Schedule CG” is not filled. In Part B TI , the value in Pt3ai -“Short term chargeable @15% >0

AND

this value is NOT EQUAL TO value in “Field 9ii of item E of Sch CG

306 Income claimed in STCG chargeable @30%, but “Table E in Schedule CG” is not filled. In Part B TI , the value in Pt3aii -“Short term chargeable @30% >0

AND

this value is NOT EQUAL TO value in “Field 9iii of item E of Sch CG

307 Income claimed in STCG chargeable at applicable rate, but “Table E in Schedule CG” is not filled. In Part B TI , the value in Pt3aiii -“Short term chargeable @applicable rate > 0

AND

this value is NOT EQUAL TO value in “Field 9iv of item E of Sch CG”

308 Income claimed in LTCG chargeable @10%, but “Table E in Schedule CG” is not filled. In Part B TI , the value in Pt3bi -“Long term chargeable @10% >0

AND

this value in is NOT EQUAL TO value in “Field 9vi of item E of Sch CG”

309 Income claimed in LTCG chargeable @20%, but “Table E in Schedule CG” is not filled. In Part B TI , the value in Pt3bii -“Long term chargeable @20% >0

AND

this value in is NOT EQUAL TO value in “Field 9vii of item E of Sch CG”

310 “Income from sources other than from owning Race Horses & Income chargeable at special rate” is claimed at Sch-Part B TI, but Sch-OS is not filled. In Part B TI , the value in Pt4a -“Income from Other Sources” >0

AND

this value is NOT EQUAL TO value in field “pt. 6 7” field of Schedule OS

311 “Income chargeable to tax at special rate” is claimed at Schedule Part B TI, but “Schedule OS” is not filled. In Part B TI , the value in Pt4b -“Income from Other Sources” >0

AND

this value is NOT EQUAL TO value in field “pt.2 ” field of Schedule OS

312 “Income from the activity of owning and maintaining race horses” is claimed at Schedule Part B TI, but “Schedule OS” is not filled. In Part B TI , the value in Pt4c -“Income from Other Sources” >0

AND

this value is NOT EQUAL TO value in field “pt. 8e” field of Schedule OS

313 In “Schedule PART B – TI” ,value of ‘6’ Losses of current year to be set off against 5 should be equal to the “total of 2xvii,3xvii and 4xvii of Schedule CYLA” The value in pt. 6 (Losses of current year set off against 5 of Part B TI is not equal to total of “2xvii” , “3xvii ” and “4xvii” of Schedule CYLA
314 The value in Pt 8- Brought forward losses set off against 7 of Part B TI should be equal to total value in field 2xvi, 3xvi and 4xvi of Schedule BFLA The value in Pt 8- Brought forward losses set off against 7 (total of 2xvi, 3xvi and 4xvi of Schedule BFLA) of Part B TI is not equal to value total value in field 2xvi, 3xvi and 4xvi of Schedule BFLA
315 In Part B-TI, Gross Total Income is not equal to sum of the Incomes individually offered In part B ,TI ,the value of GTI(pt9) is not equal to pt. 5( Total)- pt. 6(Losses of current year set off against 5 )-pt. 8(Brought forward losses set off against 7 )

Note : If result is -ve, restrict to Zero.

316 Deduction u/s 10AA is claimed in Part B TI and Schedule 10AA is not filled n Part B TI, value in Pt.12a – “Deduction u/s 10AA” is not equal to S. No. C of Schedule 10AA
317 In “Schedule PART B – TI”, value at S. No. ’17’ “Losses of current year to be carried forward” should flow from Total of xv of Schedule CFL in case of sub status other than Investment Fund.

If sub status is Investment Fund then amount should flow from Total of 5xv+ 6xv+ 7xv+ 8xv+11xv of Schedule CFL

The value in pt. 17 Losses of current year to be carried forward ) of Part B TI is not equal to total of CFL as follows:

If sub status is Investment Fund then auto- populate from Total of Sch CFL 5xv+ 6xv+ 7xv+ 8xv+11xv of Sch CFL

If sub status is other than Investment Fund then auto-populate from Total of xv of Sch CFL.

318 In Part B-TI, Total Income is not equal to the “Total of (GTI minus Chapter VI-A deductions) after considering rounding- off” In Part B TI, the value in field 13(Total Income) should be value of pt. 5 -6-8-11c-12c “ROUNDING OFF +5 or -5 as per Sec 288 DONE In Total Income field”
319 Tax Payable on deemed total Income u/s 115JC in Part B TTI is not equal to the tax ascertained at Schedule AMT The value in pt. 1a -Tax payable on deemed total income under section 115JC of part BTTI is not equal to 4 of Sch AMT
320 In “PART B- TTI”, value at S. No. ‘1d’ “Total Tax Payable on deemed total income” should be equal to the sum of (1a + 1b + 1c) In Part B TTI, the value in pt. 1d is not equal to the total of (1a + 1b + 1c)
321 In “PART B- TTI”, value at S. No. ‘2d’ Tax Payable on total income should be equal to the value of 2a + 2b -2c. In Part B TTI, the value in pt. 2d is not equal to the total of (2a + 2b -2c)
322 In “PART B- TTI”, value at S. No. ‘2g’ Gross tax liability should be equal to the sum of values at S. No. 2d + 2eiv + 2f In Part B TTI, the value in pt. 2g is not equal to total of (2d + 2eiv +2f)
323 In “PART B- TTI”, value at S. No. value at S. No. ‘6a’ “Section 90/90A” should be equal to value at S. No. 2 “Total Tax relief available in respect of country where DTAA is applicable (section 90/90A)” in Schedule TR. In Part B TTI, the value in field pt. 6a is not equal to value in pt. 2 of Schedule TR
324 In “PART B- TTI”, value at S. No. value at S. No. ‘6b’ “Section 91” should be equal to value at S. No. 3 “Total Tax relief available in respect of country where DTAA is not applicable (section 91)” in Schedule TR. In Part B TTI, the value in field pt. 6b is not equal to value in pt. 3 of Schedule TR
325 In “PART B- TTI”, value at S. No. value at S. No. 6c “Total” should be equal to the sum of value at “Section 90/90A” + “Section 91 “ In Part B TTI, the value in pt. 6c is not equal to total of (6a + 6b)
326 In “PART B- TTI”, value at S. No. ‘8e’ “Total Interest and Fee Payable” should be equal to the sum of Interest u/s 234A +  Interest u/s 234B +  Interest u/s 234C + Fee Interest u/s 234F In Part B TTI , the value in pt. 8e is not equal to total of (8a + 8b + 8c+8d) .
327 In “PART B- TTI”, value at S. No. value at S. No. 9 “Aggregate liability” should be equal to the sum of value at S. No. 7 “Net tax liability” + value at S. No. 8e “Total Interest and Fee Payable” In Part B TTI, the value in pt. 9 is not equal to the total of (7 + 8e)
328 In “PART B- TTI” of ’10e’ Total Taxes Paid should be equal to the sum of ‘Advance Tax + TDS + TCS + Self-Assessment Tax “ In Part B TTI, the value in point 10e is not equal to (10a+10b+10c+10d).
329 IFSC under “Bank Details” is not matching with the RBI database (Primary Bank Account)

&

IFSC under “Bank Details” is not matching with the RBI database.

IFSC provided under “BANK ACCOUNT” at S. No. 13 of Part B-TTI is not matching with the RBI database.

&

IFSC provided under “BANK ACCOUNT” at S. No. 13 of Part B-TTI is not matching with the RBI database.

330 Income claimed at S. No. 3(iv) in Part B TI should be equal to the sum of S. No. 3d, 3e & 3iv of Table F Schedule BP. Income claimed at S. No. 3(iv) in Part B TI is not equal to the sum of S. No. 3d, 3e & 3iv of Table F Schedule BP.
331 Deductions claimed at Point No. 11a of “Part B TI” but “Schedule VI-A Part B” is not filled! In Part B TI, value in Pt.11a – Part B of Chapter VI-A is greater than zero

AND

In “Sch VI A “, the field Total deduction under chapter VI-A Part B System Calculated value is” “Zero” or “NULL”.

332 Deductions claimed at Point No. 11b of “Part B TI” but “Schedule VI-A Part C” is not filled! In Part B TI, value in Pt.11b – PART C of Chapter VI-A is greater than zero

AND

In “Sch VI A “, the field Total deduction under chapter VI-A Part C System Calculated value is” “Zero” or “NULL”.

333 In “PART B- TTI”, value at S. No. ’12’ “Refund” should be equal to value of S. No. 10e- S. No. 9. If in Schedule Part-B TTI, S. No. 12 is not equal to the sum of S. No. 10e- 9 (only if the difference is positive)
334 In “PART B- TTI”, value at S. No. ’11’ “Amount payable” should be equal to value of S. No. 9- S. No. 10e. If in Schedule Part-B TTI, S. No. 12 is not equal to the sum of S. No. 9- 10e (only if the difference is positive)
335 In schedule part BTI- Deduction u/s 10AA should be consistent with the deduction mentioned in schedule 10AA’, The value of field (12)(a) of Part B- TI can not be more than the value in field (C) of schedule- 10AA
336 Income details and tax computation have not been disclosed left blank or zero by taxpayer in ITR but details regarding taxes paid have been provided disclosed. Sum of Schedule HP- Sr.no {1a+(1j*10/7)} (based on the no. of house properties ) Annual let able value or rent received or receivable and Arrears/Unrealized rent received during the year after factoring for the 30% deducted in the he return is EQUAL TO ZERO or Null + Sum of Schedule CG- {Total of all S. No. A(1)(a)(i)}, A(2)(a), A(3)(a), A(4)(a) (only if positive),A(4)(b)(only if positive), A(5)(aia), A(5)(aii), A(6)(aia), A(6)(aii), A8, {Total of all S. No. B(1)(a)(i)}, B(2)(a),B(3)(a), B(4)(a), B5a Column no 6 of schedule 112A, B6a (only if positive),B(7)(aia),B(7)(aii),B8a Column no 6 of schedule 115AD, B8a, B(9)(aia),B(9)(aii) and B11 is EQUAL TO ZERO or Null + SR.NO 4D of Trading account+(14xii + Sr.no 61(i), 62(i), for presumptive Income and for no account case of Part A-P&L) as reduced by Sr.no 3a,b,c,d,e & 5d from Schedule BP + Schedule OS- S. No. 1a+ 1b+ 1c+ 1e+ 2a+ 2c+ 2d+ 2e+ 5+ 8a+ 8d is EQUAL TO ZERO or Null + Schedule EI- S. No. 1+2+3i+4+5+6 is EQUAL TO ZERO or Null AND

In “Part B TTI” schedule, any field from “Tax Payable on Deemed Total Income u/s 115JC” to “Gross Tax Liability” ( Field reference 1 to 3) is ZERO or NULL

AND

In “Part B TTI” schedule, ANY of the fields from “Advance tax paid” to “Total Taxes Paid” is greater than ZERO ( Field reference 10a, 10b, 10c,10d, 10e)

337 In “Schedule PART B – TI” value at S. No. 15′ “Net agricultural income/ any other income for rate purpose” should be equal to value of S. No. 3 of Schedule EI If value at field 15 of part B TI is not equal to sum of S. No. 3v of EI

This will be applicable only if S. No. 3v is more than 5000.

338 In Schedule part B TI Income chargeable to tax at special rate under section 111A, 112, 112A etc. included in 9 should be consistent with all the special incomes (Column (i)) of Schedule SI In Schedule B TI, S. No. 10 in not equal to total of column (i) of schedule SI
339 In schedule part B TI, deduction under chapter VI-A, Part B should be equal to S. No. 1 of schedule VI-A In schedule B TI, S. No. 11a is not equal to S. No. 1 of schedule VI-A
340 In schedule part B TI, deduction under chapter VI-A, Part C should be equal to S. No. 2 of schedule VI-A In schedule B TI, S. No. 11b is not equal to S. No. 2 of schedule VI-A
341 In “Schedule PART B – TI” , value at field ’11(c)’ “Total (11a + 11b)” should be equal to “11a + 11b” ( limited to 9-10). S. No. 11c should be equal to sum of sl 11a+11b
342 In “Schedule PART B – TI”, value of ‘7’ Balance after set off of current year losses should be equal to the value of 5 – 6 The value in pt 7 of Part BTI is not equal to pt. 5- 6
343 In “Schedule PART B – TI”, value at S. No. ’18’ “Deemed total income under section 115JC” should be equal to value at S. No. 3 of AMT The value in pt 18 of Part BTI is not equal to pt.3 of Schedule AMT
344 In “Schedule Part B-TI” ‘Serial number 16 should be equal to the value entered in (13-14+15) S. No. 16 of schedule B TI is not equal to S. No. 13-14+15
345 In “PART B- TTI”, value at S. No. ‘3’ “Gross tax payable” should be equal to higher of value at S. No. 1d “Total Tax Payable on deemed total income” or value at S. No. 2g “Gross tax liability” If S. No. 3 is not equal to S. No. 1d or 2g whichever is higher
346 In “PART B- TTI”, value at S. No. ‘5’ ” Tax payable after credit under section 115JD” should be equal to S. No. 3 – Sl no.4. S. No. 5 is not equal to sum of S. No. 3 -4 Note: This rule is applicable if S. No. 3 is higher than 4
347 In “PART B- TTI”, value at S. No. ‘7’ “Net tax liability” should be equal to value of S. No. 5 – S. No. 6c S. No. 7 is not equal to S. No. 5-6c

Note: This rule is applicable if 5 is greater than 6c

348 The claim of set off of current year loss shown in part -BTI is not consistent with the loss computed in the schedules of the corresponding heads of Income OR the priority of set off of the current year loss is not consistent with the provisions of the Act. In schedule Part B -TI, S. No. 7 ‘Losses of current year set off against income from all the heads’ is not equal to the sum of S. No. “2xvii” , “3xvii ” and “4xvii – Losses set off in Schedule CYLA
349 In “Schedule IT” Total of all rows of Column 5 “Amount” should be equal to “Total” Field. Total is not equal to sum of individual values mentioned in column 5
350 In Schedule TCS, “The Amount of TCS claimed this year” cannot be more than “Tax collected”. If in “Schedule TCS” S. No. 7 is more than TOTAL OF S. No. 5 & 6
351 In “Schedule TCS” in table 15C, Total of all rows of Column 7 “Amount out of (5) or (6) being claimed this Year ” Should be equal to ‘Total’ Field In schedule TCS -Total of column 7 ” TCS claimed tis year” is not equal to Sum of individual values of column
352 In Schedule TDS 15B1, “The Amount of TDS claimed this year” is more than “Tax deducted”. If in Schedule TDS 1 S. No. “9” is more than S. No. “7” or S. No. “6” or TDS of 8.
353 In Schedule TDS 2 The Amount of TDS claimed this year” is more than “Tax deducted”. If in Schedule TDS 2, as per Form 16B/16C S. No. “9” is more than S. No. “7” or S. No. “6”or TDS of 8.
354 In Schedule TDS 15B1, TDS (As per Form 16B/16C)/TCS, is claimed but year of tax deduction is not selected. In Schedule TDS 1, TDS (As per Form 16B/16C)/TCS, TDS b/f is greater than zero, then “Financial Year in which deducted” cannot be Zero or null
355 In “Schedule TDS” in table 15B(1), Total of all rows of Column 9 “Claimed in Own hands” Should be equal to “Total” Field. In schedule TDS -1 -Total TDS credit claimed this year is not equal to sum of individual values mentioned
356 In “Schedule TDS” in table 15B(2), Total of all rows of Column 9 “Claimed in Own hands” Should be equal to “Total” Field. In schedule TDS-2 (As per Form 16B/16C) Total TDS credit claimed this year should be equal to sum of values mentioned
357 In “Schedule TDS” in table 15B(1) and In “Schedule TDS” in table 15B(2), “Unclaimed TDS brought forward and details of TDS of current FY should be provided in different rows in Sch TDS 1” If Col 6 & Col 7 of Schedule TDS2 (Other than salary) are filled in the same row.
358 In Schedule TDS, 15B1, Details of TDS on Income (As per 16A furnished by Deductor) or Schedule TDS, 15B2, Details of TDS on Income (As per 16B/16C furnished by Deductor), TDS credit claimed this year in col. No. 9 cannot be more than Gross amount disclosed in col.no.11 TDS- 2 & 3, Claimed in own hands in col. no. 9 is more than Gross Amount shown in Col. No. 11 of Schedule TDS, 15B1, Details of TDS on Income (As per 16A furnished by Deductor) or Schedule TDS, 15B2, Details of TDS on Income (As per 16B/16C furnished by Deductor),
359 In schedule “TDS” in table 15B(1), TDS is claimed in column 9 then Corresponding Receipt offered – “Gross Amount (Col 11)” and “Head of Income (Col 12)” is to be mandatorily filled. If In Schedule TDS, 15B1, Details of TDS on Income (As per 16A furnished by Deductor), TDS is claimed in column 9 and 10 AND in Corresponding Income offered – “Gross Amount (Col 11)” OR “Head of Income(Col 12)” is not filled.
360 In schedule “TDS” in table 15B(2), TDS is claimed in column 9 then Corresponding Receipt offered – “Gross Amount (Col 11)” and “Head of Income (Col 12)” is to be mandatorily filled. If in Schedule TDS, 15B2, Details of TDS on Income (As per 16B/16C furnished by Deductor), TDS is claimed in column 9 AND in Corresponding Income offered – “Gross Amount (Col 11)” OR “Head of Income(Col 12)” is not filled.

Note : If value at column 9>0, then only rule will be applicable.

361 TDS Claimed from the other person , shall not exceed TDS deducted on such person in schedule TDS on Income (As per 16A furnished by Deductor) If in Schedule TDS(1), 15B1, SI. No. 9 “TDS Claimed” is more than S. No. 8 “TDS Deducted” in case of current year TDS deduction

OR

If in Schedule TDS(1), 15B1, S. No. 9&10 “TDS Claimed” is more than S. No. 6 “TDS b/f” in case of brought forward TDS claim.

362 TDS Claimed from the other person , shall not exceed TDS deducted on such person in schedule TDS on Income (As per 16B/16C furnished by Deductor) If in Schedule TDS(2), 15B2, SI. No. 9 “TDS Claimed” is more than S. No. 8 “TDS Deducted” in case of current year TDS deduction

OR

If in Schedule TDS(2), 15B2, S. No. 9 “TDS Claimed” is more than S. No. 6 “TDS b/f” in case of brought forward TDS claim.

363 In Schedule TDS 1 or TDS-2 , TDS credit relating to other person is selected but the PAN of other person is not provided In Schedule TDS1 or TDS 2 , If TDS in Col 8/ Col 10 is more than 0 and Col 3 is 0 or Null
364 In Schedule TDS, 15B1, Details of TDS on Income (As per 16A furnished by Deductor) or Schedule TDS, 15B2, Details of TDS on Income (As per 16B/16C furnished by Deductor),if TDS credit relating to other person is selected then TAN of the Deductor/ PAN of Tenant/ Buyer should be filled In Schedule TDS, 15B1, Details of TDS on Income (As per 16A furnished by Deductor) and Schedule TDS, 15B2, Details of TDS on Income (As per 16B/16C furnished by Deductor)If TDS in Col. No.8 and / or 10 is more than zero and value at field Col. No. 4 is zero
365 In Schedule TDS1 or TDS2 , claim of TDS in “Claimed in own hands” should be less than or equal to “TDS b/f” or “TDS deducted In TDS 1 or TDS 2 In Col No.9 “Claimed in own hands” amount entered is more than col.no 6 “TDS b/for Col no. 7 “TDS Deducted”
366 Verification PAN is not matching with PAN at Partners/Members/Trust. Please ensure that person authorized to verify ITR is as per Sec 140 of the Act In case of Partnership Firm, Cooperative Bank other than a primary agricultural credit society or a primary co-operative agricultural and rural development bank, Primary Agricultural Credit Society, Primary Co-operative Agricultural and Rural Development bank, Other Cooperative Society, LLP, Trust other than trust eligible to file return in ITR-7, Any other AOP/BOI, PAN entered at “Verification” is not matching with any one of the PAN entered at the “PAN” field at Table E of “PARTNERS/ MEMBERS/TRUST INFORMATION” in Part A-GENERAL 2
367 In Part A General “Name of the representative, Capacity of the representative, Address of the representative and Permanent Account Number (PAN)/ Aadhaar of the representative” is mandatory if in schedule “Verification” Verification capacity is selected as “Representative” from drop down Details regarding “Name of the representative, Capacity of the representative, Address of the representative and Permanent Account Number (PAN/ Aadhaar of the representative)” is not filled though in schedule “Verification” Verification capacity is selected as “Representative” from drop down
368 In Schedule TPSA, Income tax payable is less then 18% of amount of primary adjustment In Schedule TPSA, Sr. No. 2a is less than 18% of sr. no. 1 “Amount of primary adjustment on which option u/s 92CE(2A) is exercised & such excess money has not been repatriated within the prescribed time”
369 In Schedule TPSA, Surcharge is less then 12% of amount of Additional income tax payable In Schedule TPSA, Sr. No. 2b is less than 12% of (2a “Additional Income tax payable )
370 In Schedule TPSA, Health & Education cess is less then 4% of amount of Additional income tax payable+Surcharge In Schedule TPSA, Sr. No. 2c is less than 4% of (2a +2b)
371 In Schedule TPSA, total additional tax payable is less then sum of Additional income tax payable+Surcharge+Health & education cess In Schedule TPSA, Sr. No. 2d is less than sum of (2a +2b+2c)
372 In Schedule TPSA, the amount in taxes paid is greater than sum of amount deposited In Schedule TPSA, Sr. No. 3 is greater than sum of amount deposited in Row 9
373 In Schedule TPSA, the net tax payable is not equal to the difference of total additional tax payable and taxes paid In Schedule TPSA, Sr. No. 4 is not equal to (2d-3)
374 In Part A-OI, field “Whether the assessee has entered into an impermissible avoidance arrangement, as referred to in section 96, during the previous year” is selected as “yes” and schedule TPSA is blank In Schedule Part A-OI, Sr. No. 15(v) flag is yes and Schedule TPSA is blank
375 In schedule TPSA , Date at which tax is deposit cannot be after System Date In schedule TPSA, field “Date” cannot be after System date
376 Schedule RA, total donation should be equal to donation in cash + donation in other mode If total donation in Schedule RA, is not equal to donation in cash + Donation in other mode
377 Schedule RA, total donation in cash should be equal to the bifurcation of donation in cash If total donation in cash in Schedule RA, is not equal to bifurcation of donation in cash

Total of Cash donation is not equal to sum of individual rows

378 Schedule RA, total donation in other mode should be equal to the bifurcation of donation in other than cash If total donation in other mode in Schedule RA, is not equal to bifurcation of donation in other mode

Total of donation in other mode is not equal to sum of individual rows

379 Schedule RA, Total donation should be equal to bifurcation of total donation If total donation in Schedule RA, is not equal to bifurcation of total donation

Total of “total donations” is not equal to sum of individual rows

380 In “Schedule 10AA”, value at field “Total deduction under section 10AA” should be equal to the sum of values at all rows. Schedule 10AA value at field “Total deduction under section 10AA” in schedule 10AA should be equal to sum of “amount of deduction”
381 In “Schedule ESR” column “Amount of deduction in excess of the amount debited to profit and loss” account should be equal to sum of (Amount of deduction allowable) – (Amount, if any, debited to profit and loss account) The value in col (4) of schedule ESR should be equal to the sum of value at col (3)-(2) of schedule ESR.
382 In “Schedule ESR” Total should be equal to the sum of value entered in (i + ii + iii + iv + v + vi + vii + viii + ix) If the value at field x is not equal to sum of S. No. i+ ii+ iii+ iv+ v+ vi+ vii+ viii+ ix
383 Amount of allowance set-off against the current year income at Schedule UD is different with the set-off amount at Schedule BFLA In Sch BFLA , the total value in Column no 4xvi Brought forward allowance under section 35(4) set off is NOT EQUAL TO total of Col. 7 of UD
384 Amount of depreciation set-off against the current year income at Schedule UD is different with the set-off amount at Schedule BFLA In Sch BFLA , the total value in Column no 3xvi Brought forward depreciation set off is NOT EQUAL TO total of Col. 4 of UD
385 In “Schedule ICDS” , value at field in ‘XI(a) ‘ Total effect of ICDS adjustments on profit” should be equal to sum of (I + II + III + IV + V + VI + VII + VIII + IX + X) (if positive) If value at field 11a is not equal to the sum of S. No. (I+ II+ III+ IV+ V+ VI+ VII+ VIII+ IX+ X) if result is positive
386 In “Schedule ICDS” , value at field in ‘XI(b) ‘ Total effect of ICDS adjustments on profit” should be equal to sum of (I + II + III + IV + V + VI + VII + VIII + IX + X) (if negative) If value at field 11b is not equal to the sum of S. No. (I+ II+ III+ IV+ V+ VI+ VII+ VIII+ IX+ X) if result is negative
387 In Sch 80G Donee PAN is same as “Assessee PAN” or “PAN at Verification” If “PAN of the donee” in Sch 80G ( if filled ) is equal to PAN entered in Part A General or as entered in verification part
388 In Schedule 80G, Total amount of deduction computed is more than the eligible amount In Schedule 80G if value at field Total field of “Eligible amount of Donations” (E in Schedule 80G) is more than value at field “Total Donations”(E in Schedule 80G)
389 In Sch 80G, if Amount donated in cash in S. No. A is more than Rs. 2000, then deduction u/s 80G will not be allowed. If donation in cash > Rs.2000, then eligible amount of donation cannot exceed donation in other mode in S. No. A in Schedule 80G
390 In Sch 80G, if Amount donated in cash in S. No. B is more than Rs. 2000, then deduction u/s 80G will not be allowed. If donation in cash > Rs.2000, then eligible amount of donation cannot exceed donation in other mode in S. No. B in Schedule 80G
391 In Sch 80G, if Amount donated in cash in S. No. C is more than Rs. 2000, then deduction u/s 80G will not be allowed. If donation in cash > Rs.2000, then eligible amount of donation cannot exceed donation in other mode in S. No. C in Schedule 80G
392 In Sch 80G, if Amount donated in cash in S. No. D is more than Rs. 2000, then deduction u/s 80G will not be allowed. If donation in cash > Rs.2000, then eligible amount of donation cannot exceed donation in other mode in S. No. D in Schedule 80G
393 In Sch 80G, Total Donation at point A should be equal to the sum of Donation in Cash and Donation in other mode. in Schedule 80G, Total Donation at point A should be equal to the sum of Donation in Cash and Donation in other mode
394 In Sch 80G, Total Donation at point B should be equal to the sum of Donation in Cash and Donation in other mode. in Schedule 80G, Total Donation point B should be equal to the sum of Donation in Cash and Donation in other mode
395 In Sch 80G, Total Donation at point C should be equal to the sum of Donation in Cash and Donation in other mode. in Schedule 80G, Total Donation point C should be equal to the sum of Donation in Cash and Donation in other mode
396 In Sch 80G, Total Donation at point D should be equal to the sum of Donation in Cash and Donation in other mode. in Schedule 80G, Total Donation point D should be equal to the sum of Donation in Cash and Donation in other mode
397 In Sch 80G, Total Donation at point E should be equal to the sum of (Aiii+Biii+Ciii+Diii) In Sch 80G, Total Donation at point E should be equal to the sum of (Aiii+Biii+Ciii+Diii)
398 80G claimed in Sch VI A but details not provided in Schedule 80G In schedule VI A , value in field 80G (Pt. a) System calculated value is greater than zero AND

In “80G schedule”, the field “Total Eligible Amount of Donation” field is “Zero” or “NULL”.

399 In Sch 80GGA, Total Donation should be equal to the sum of Donation in Cash and Donation in other mode. In Schedule 80GGA, Total Donation should be equal to the sum of Donation in Cash and Donation in other mode
400 In Sch 80GGA, Total Donation should be equal to the sum of (i+ii) In Schedule 80GGA, Total Donation should be equal to the sum of (i+ii)
401 In Sch 80GGA, if Amount donated in cash in S. No. D is more than Rs. 10000, then deduction u/s 80GGA will not be allowed. If donation in cash > Rs.10000, then eligible amount of donation cannot exceed donation in other mode in Schedule 80GGA
402 In Sch 80GGA Donee PAN is same as “Assessee PAN” or “PAN at Verification” If “PAN of the donee” in Sch 80GGA ( if filled ) is equal to PAN entered in Part A General or as entered in verification part
403 80GGA claimed in Sch VI A but details not provided in Schedule 80GGA In schedule VI A , value in field 80GGA (Pt. b) System calculated value is greater than zero AND

In “80GGA schedule”, the field “Total Eligible Amount of Donation” field is “Zero” or “NULL”.

404 Standard deduction allowed on House property should not be more than 30% of Annual value. Schedule HP – Value at field “1g” is not equals to 30% of Annual value at “1f ” in schedule HP. This rule shall be implemented for all properties in HP & value at field “1g” is greater than zero Note:- A variation of -5 to +5 shall be allowed
405 In case of co-owned house property assessee’ s share and co-owner(s) share should be equal to 100 %. In schedule HP, the answer to the question ” Is the property co-owned” is “YES” and sum of assessee’ s share in the property plus share of co-owner is less than 100%.
406 In case property is co-owned, annual value of the property owned is not equal to own percentage share *annual value. If “Type of HP” is Let out/ Deemed let out, Schedule HP – If the answer to the question “Is the property co-owned?” is “yes” then value at field 1(f) should be equal to Assessee’ s percentage of share in the property *value at field 1e (applicable for all properties ).

Note:- A variation of -5 to +5 shall be allowed

407 Assessee cannot claim interest on borrowed capital if assessee’s share of co- owned property is zero. In case Co-owned Flag is Y and the assessee’s share in co-owned property is “Zero” and value at field “1h” should not be more than zero
408 Gross rent received/ receivable/ lettable value is zero or null and assessee is claiming municipal tax Value at field “1c” in “Schedule HP” is more than zero

AND

Value at field “1a” in “Schedule HP” is zero or null

409 When “House Property” is “Self occupied”, Interest payable on borrowed capital is more than 2 lakhs. If type of House property is selected as “SOP”, and sum of value at field 1h, 2h….n….. of Schedule HP is greater than 2 lakh.
410 Total of House property should match with total of individual values If the value at field 4 is NOT Equal to Sum of S. No. 1k+2K+…+3
411 Type of property is let-out or deemed let out and Gross rent received/ receivable/ lettable value is zero or null In “Schedule HP” If “Type of House Property” is “Deemed Let out” or “Let Out”

and

Value at field “1a of all the properties” is null or Zero.

412 In “Schedule HP” Annual Value of 1(e) should be equal to the sum of (1a – 1d) In “Schedule HP” if the value at field 1e is NOT Equal to Sum of S. No. (1a-1d)

Note: This rule will be applicable when (a) is greater than (d).

413 In “Schedule HP” 1(d) total should be equal to the sum of amount of rent which cannot be realized + Tax paid to local authorities In “Schedule HP” if the value at field 1d is NOT Equal to Sum of S. No. (1b+1c)
414 In “Schedule HP” 1(i) total should be equal to the sum of (1g + 1h) In “Schedule HP” if the value at field 1i is NOT Equal to Sum of S. No. (1g+1h)
415 In “Schedule HP” in 1(k) of Income form HP should be equal to (1f – 1i + 1j) In “Schedule HP” if the value at field 1k is NOT Equal to Sum of S. No. (1f-1i+1j)
416 In Schedule HP, S. No. 3 Pass through income is not equal to the amount of net income/ loss of HP mentioned in Schedule PTI Schedule HP S. No. 3 is not equal to the sum of net income col. 9 of S. No. (i) of Sch PTI against all the Names of business trust / investment fund
417 In Schedule HP, more than two house is claimed to be self occupied / annual letable value for the properties is zero or null for more than two house and interest on borrowed capital has been claimed as deduction for more than two self occupied property In Schedule HP, more than two house is claimed to be self occupied / annual letable value for the properties is zero or null for more than two house and interest on borrowed capital has been claimed as deduction for more than two self occupied property
418 In “Schedule CG” A10 STCG should be equal to the sum of (A1e + A2c + A3e + A4a + A4b + A5e + A6g + A7 + A8 – A9a) Value at field “A10 ” in “Schedule CG” is not equal to the sum of value A1e of all the blocks+A2c+ A3e+ A4a+ A4b+ A5e+ A6g+A7+A8 – A9a of Schedule CG .
419 In “Schedule CG”B13 Total should be equal to sum of(B1e + B2e + B3c + B4c + B5 + B6 + B7c + B8  + B9f  + B10  +  B11 -B12a) Value at field “B13” in “Schedule CG” is not equal to the sum of value B1e of all the blocks +B2e +B3c + B4c + B5 +B6+ B7c+ B8+B9e +B10+ B11-B12a of Schedule CG .
420 In “Schedule CG” ‘C’ Income chargeable under the head “CAPITAL GAINS” should be equal to the sum of (A10 + B13) Value at field “C ” in “Schedule CG” is not equal to the sum of value A10+B13 of Schedule CG . Note: This rule will applicable only if B13 is positive.
421 In Schedule CG, Full Value of Consideration(S. No. A1aiii) is zero , therefore expenses u/s 48 (S. No. A1b(iv) cannot be claimed If In Schedule CG, Full Value of Consideration(S. No. A1aiii) is zero and expenses (S. No. A1b(iv) are more than zero
422 In Schedule CG, Full Value of Consideration(S. No. A3a) is zero , therefore expenses u/s 48 (S. No. A3b(iv) cannot be claimed. If In Schedule CG, Full Value of Consideration(S. No. A3a) is zero and expenses (S. No. A3b(iv) are more than zero
423 In Schedule CG, Full Value of Consideration(S. No. A5aiii) is zero , Therefore , expenses u/s 48 (S. No. A5b(iv) cannot be claimed If In Schedule CG, Full Value of Consideration(S. No. A5aiii) is zero and expenses (S. No. A5b(iv) are more than zero
424 In Schedule CG, Full Value of Consideration(S. No. A6aiii) is zero , therefore expenses u/s 48 (S. No. A6b(iv) cannot be claimed If In Schedule CG, Full Value of Consideration(S. No. A6aiii) is zero and expenses (S. No. A6b(iv) are more than zero
425 In Schedule CG, Full Value of Consideration(S. No. B1aiii) is zero , therefore expenses u/s 48 (S. No. B1b(iv) cannot be claimed If In Schedule CG, Full Value of Consideration(S. No. B1aiii) is zero and expenses(S. No. B1b(iv) are more than zero
426 In Schedule CG, Full Value of Consideration(S. No. B3a) is zero , therefore expenses u/s 48 (S. No. B3b(iv) cannot be claimed If In Schedule CG, Full Value of Consideration(S. No. B3a) is zero and expenses(S. No. B3b(iv) are more than zero
427 In Schedule CG, Full Value of Consideration(S. No. B4a) is zero , Therefore expenses u/s 48 (S. No. B4b(iv) cannot be claimed If In Schedule CG, Full Value of Consideration(S. No. B4a) is zero and expenses(S. No. B4b(iv) are more than zero
428 In Schedule CG, Full Value of Consideration(S. No. B7aiii) is zero , therefore expenses u/s 48 (S. No. B7b(iv) cannot be claimed If In Schedule CG, Full Value of Consideration(S. No. B7aiii) is zero and expenses(S. No. B7b(iv) are more than zero
429 In Schedule CG, Full Value of Consideration(S. No. B9aiii) is zero. therefore expenses u/s 48(S. No. B9b(iv) cannot be claimed If In Schedule CG, Full Value of Consideration(S. No. B9aiii) is zero but expenses(S. No. B9b(iv) are claimed
430 In Schedule CG, LTCG Pass through income is not equal to the amount of net income/ loss of LTCG mentioned in Schedule PTI Schedule CG S. No. B11 is not equal to the sum of amount of net income/ loss of col. 9 of S. No. (ii)(b) of Sch PTI against all the Names of business trust / investment fund
431 In Schedule CG, STCG Pass through income is not equal to the amount of net income/ loss of STCG mentioned in Schedule PTI Schedule CG S. No. A8 is not equal to the sum of amount of net income/ loss of col. 9 of S. No. (ii)(a)of Sch PTI against all the Names of business trust / investment fund
432 In schedule CG, S. No. A1 biv of STCG Total should be equal to sum of A1(bi + bii + biii) If in Sch CG A1(biv) is not equal to Sum of A1(bi+ bii+ biii)
433 In schedule CG, S. No. A1c of STCG Balance should be equal to A1(aiii-biv) If in Sch CG A1c is not equal to A1(aiii-biv)
434 In Schedule CG S. No. A1e of STCG should be equal to A(1c-1d) If in Sch CG A1e is not equal to A(1c-1d)
435 In “Schedule CG” A2(c) should be equal to A(2a-2b) If in Sch CG A2c is not be equal to A(2a-2b)
436 In “Schedule CG” A3b(iv) should be equal to the sum of A3b (i + ii + iii) If in Sch CG A3(biv) is not equal to Sum of A3(bi+bii+biii)
437 In “Schedule CG” A3(c) Balance should be equal to the sum of A(3a – biv) If in Sch CG A3c is not equal to A(3a-biv)
438 In Schedule CG S. No. A3e of STCG should be equal to the sum of A(3c + 3d) If in Sch CG A3e is not be equal to A(3c+3d)
439 In Schedule CG S. No. A5(a)(ic) should be higher of A5(a)(ia) or A5(a)(ib) If In Schedule CG S. No. A5(a)(ic) is lower of A5(a)(ia) or A5(a)(ib)
440 In Schedule CG, S. No. A5(aiii) should be equal to sum of A5[(a)(ic) + (aii)] If in Sch CG S. No. A5(aiii) is not equal to sum of A5[(a)(ic)+(aii)]
441 In “Schedule CG” A5(biv) Total should be equal to the sum of (i + ii + iii) If in Sch CG A5(biv) is not equal to Sum of A5(bi+bii+biii)
442 In schedule CG, S. No. A5c Balance should be equal to A5(aiii-biv) If in Sch CG A5c Balance is not equal to A5(aiii- biv)
443 In Schedule CG S. No. A5e of STCG should be equal to the sum of A(5c + 5d) If in Sch CG A5e is not equal to A(5c+5d)
444 In Schedule CG S. No. A6(a)(ic) should be higher of A6(a)(ia) or A6(a)(ib) If In Schedule CG S. No. A6(a)(ic) is lower of A6(a)(ia) or A6(a)(ib)
445 In Schedule CG S. No. A6aiii of STCG should be equal to the sum of A6a(ic + ii) If in Sch CG S. No. A6(aiii) is not equal to sum of A6[(a)(ic)+(aii)]
446 In “Schedule CG” A6(biv) Total should be equal to the sum of (i + ii + iii) If in Sch CG A6(biv) is not equal to Sum of A6(bi+bii+biii)
447 In schedule CG, S. No. A6c Balance should be equal to A6(aiii-biv) If in Sch CG A6c Balance is not equal to A6(aiii- biv)
448 In “Schedule CG” A7 Amount deemed to be short term capital gains should be equal to the sum of (Amount not used for new asset or remained unutilized in Capital gains account (X) + Amount deemed to be short term capital gains, other than at ‘a’) If in Sch CG A7 is not equal to A(aXi + b)
449 In Schedule CG S. No. A8 of STCG should be equal to the sum of (A8a + A8b + A8c) If in Sch CG A8 is not equal to (A8a + A8b + A8c)
450 In schedule CG, S. No. B1 biv of LTCG Total should be equal to sum of B1(bi + bii + biii) If in Sch CG B1(biv) is not equal to Sum of B1(bi+ bii+ biii)
451 In schedule CG, S. No. B1c of LTCG Balance should be equal to B1(aiii-biv) If in Sch CG B1c is not equal to B1(aiii-biv)
452 In Schedule CG S. No. B1e of LTCG should be the difference of B(1c-1d) If in Sch CG B1e is not equal to B(1c-1d)
453 In Schedule CG S. No. B2e of LTCG should be the difference of B(2c-2d) If in Sch CG B2e is not equal to B(2c-2d)
454 In schedule CG, S. No. B2c of LTCG Balance should be equal to B(2a-2b) If in Sch CG B2c is not equal to B(2a-2b)
455 If in Sch CG B3(biv)should be equal to Sum of B3(bi+bii+biii) If in Sch CG B3(biv) is not equal to Sum of B3(bi+bii+biii)
456 In schedule CG, S. No. B3c of LTCG Balance should be equal to B(3a-biv) If in Sch CG B3c is not equal to B(3a-biv)
457 In schedule CG, S. No. B4 biv Total should be equal to sum of B4(bi + bii + biii) If in Sch CG S. No. B4 biv is not equal to sum of B4(bi+bii+biii)
458 In schedule CG, S. No. B4c Balance should be equal to B(4a-biv) If in Sch CG S. No. B4c is not equal to B(4a-biv)
459 In Schedule CG, S. No. B5a LTCG u/s 112A should be equal to total of Col. 14 of Schedule 112A In Schedule CG, S. No. B5a LTCG u/s 112A should be equal to total of Col. 14 of Schedule 112A
460 In Schedule CG S. No. B7(a)(ic) should be higher of B7(a)(ia) or B7(a)(ib) If in Sch CG S. No. B7(a)(ic) is lower of B7(a)(ia) or B7(a)(ib)
461 In “Schedule CG” B7(1)a(iii) Total should be equal to the sum of (ic + ii) If in Sch CG B7 aiii Total is not equal to sum of B7(a)(ic+ii)
462 In schedule CG, S. No. B7 biv Total should be equal to sum of B7(bi + bii + biii) If in Sch CG S. No. B7 biv Total is not equal to sum of B7(bi+bii+biii)
463 If in Sch CG S. No. B7c is not equal to B(7aiii-biv) If in Sch CG S. No. B7c is not equal to B(7aiii-biv)
464 In Schedule CG, S. No. B8a LTCG u/s 112A should be equal to total of Col. 14 of Schedule 115AD(1)(iii) In Schedule CG, S. No. B8a LTCG u/s 112A should be equal to total of Col. 14 of Schedule 115AD(1)(iii)
465 In Schedule CG S. No. B9(a)(ic) should be higher of B9(a)(ia) or B9(a)(ib) If in Sch CG B9(a)(ic) is lower of B9(a)(ia) or B9(a)(ib)
466 In schedule CG, S. No. B9 aiii Total should be equal to sum of B9(a)(ic+ii) If in Sch CG B9 aiii Total is not equal to sum of B9(a)(ic+ii)
467 In schedule CG, S. No. B9 biv Total should be equal to sum of B9(bi+bii+biii) If in Sch CG B9 biv Total is not equal to sum of B9(bi+bii+biii)
468 In schedule CG, S. No. B9c LTCG on share or debenture should be equal to B9(aiii – biv) If in Sch CG S. No. B9c Balance is not equal to B(9aiii-biv)
469 In Schedule CG S. No. B9e of LTCG should be equal to B(9c-9d) If in Sch CG S. No. B9e of LTCG is not equal to B(9c-9d)

Note: This rule is applicable if 9c is greater than 9d

470 In Schedule CG, S. No. B10 should be equal to B10(aXi + b) If in Sch CG S. No. B10 is not equal to B10(aXi+b)
471 In “Schedule CG” B11 Pass Through Income in the nature of Long Term Capital Gain should be equal to the sum of (B11a + B11b) If in Sch CG S. No. B11 is not equals to B11a1+B11a2+B11b
472 Schedule CG S. No. D1e should be equal to sum of D(1a + 1b + 1c + 1d ) If value at field D1e is not equal to the sum of S. No. D(1a + 1b + 1c + 1d)
473 In “Schedule CG” in Table E value at field ix should be equal to sum of (ii+iii + iv + v + vi + vii + viii) If value at field Eix is not equal to the sum of S. No. (ii + iii + iv + v + vi + vii+viii)

Note : check for all columns(i.e, 2 to 8)

474 In “Schedule CG” E(x) Total should be equal to the sum of E(Capital Loss to be set off -Total loss set off) If value at field Ex is not equal to the difference of S. No. i-ix

Note: This rule will be applicable when (i) is greater than (ix).

475 Income claimed in “Short term chargeable at applicable rate”, but Table E in Sch CG not filled Sum of (A1e+A2c+A4b+A6g +A7+A8c) should be equal to S. No. iv of Col. No. 1 against applicable rate of Table E in Sch CG For Non Residents amount will be reduced only if TRC flag is Yes at column No. 7 of S. No. A9.
476 Income claimed in Long term chargeable at applicable rate”, but Table E in Sch CG not filled Sum of (B1e+ B2e+B3e+B6+ B9e+ B10e+ B11b) should be equal to S. No. vii of Col. No. 1 against applicable rate of Table E in Sch CG

For Non Residents amount will be reduced only if TRC flag is Yes at column No. 7 of S. No. B12.

477 Schedule CG S. No. Ei2 should be equal to sum of S. No. (A3e+ A4a+ A8a)as reduced by the amount of STCG chargeable or not chargeable to tax at special rates specified in S. No. A9a & A9b , which is included therein If value at field Ei2 is not equal to the sum of S. No. (A3e+ A4a+ A8a)

Note: This rule will be applicable only if the sum of S. No. (A3e+ A4a+ A8a) is negative

Note: The figures of STCG in this table (A1e* etc.) are the amounts of STCG computed in respective column (A1-A8) as reduced by the amount of STCG chargeable or not chargeable to tax at special rates as per DTAA, which is included therein, if any.

For Non Residents amount will be reduced only if TRC flag is Yes at column No. 7 of S. No. A9

478 Schedule CG S. No. Ei3 should be equal to sum of S. No. (A5e+ A8b)as reduced by the amount of STCG chargeable or not chargeable to tax at special rates specified in S. No. A9a & A9b , which is included therein If value at field Ei3 is not equal to the sum of S. No. (A5e+ A8b)

Note: This rule will be applicable only if the sum of S. No. (A5e+ A8b) is negative

Note: The figures of STCG in this table (A1e* etc.) are the amounts of STCG computed in respective column (A1-A8) as reduced by the amount of STCG chargeable or not chargeable to tax at special rates as per DTAA, which is included therein, if any.

For Non Residents amount will be reduced only if TRC flag is Yes at column No. 7 of S. No. A9.

479 Schedule CG S. No. Ei4 should be equal to sum of S. No. (A1e+A2c+A4b+A6g+A7+A8c) as reduced by the amount of STCG chargeable or not chargeable to tax at special rates specified in S. No. A9a & A9b , which is included therein If value at field Ei4 is not equal to the sum of S. No. (A1e+A2c+A4b+A6g+A7+A8c)

Note: This rule will be applicable only if the sum of S. No. (A1e+A2c+A4b+A6g+A7+A8c) is negative

Note: The figures of STCG in this table (A1e* etc.) are the amounts of STCG computed in respective column (A1-A8) as reduced by the amount of STCG chargeable or not chargeable to tax at special rates as per DTAA, which is included therein, if any.

For Non Residents amount will be reduced only if TRC flag is Yes at column No. 7 of S. No. A9.

480 In Schedule CG, S. No. Ei5 is not equal to S. No. A9b. Value at field Ei5 is not equal to total of Col. 2 Amount of income of S. No. A9

Note: This rule will be applicable only if the total of Col. 2 Amount of income of S. No. A9 is negative

481 In Schedule CG S. No. Ei6 should be equal to S. No. (B4c+ B5+ B7c+ B8+ B9e+ B11a1 +B11a2) as reduced by the amount of LTCG chargeable or not chargeable to tax at special rates specified in S. No. B12a & B12b , which is included therein If value at field Ei6 is not equal to the sum of S. No. (B4c+ B5+ B7c+ B8+ B11a1 + B11a2)

Note: This rule will be applicable only if the sum of S. No. (B4c+B5+B7c+B8+B9e+ B11a1 +B11a2) is negative

Note: The figures of LTCG in this table (B1e* etc.) are the amounts of LTCG computed in respective column (B1-B11) as reduced by the amount of LTCG chargeable or not chargeable to tax at special rates as per DTAA, which is included therein, if any.

For Non Residents amount will be reduced only if TRC flag is Yes at column No. 7 of S. No. B12.

482 Schedule CG S. No. Ei7 should be equal to S. No. (B1e+ B2e+B3c+ B6+ B9e+ B10e+ B11+B11b) as reduced by the amount of LTCG chargeable or not chargeable to tax at special rates specified in S. No. B12a & B12b , which is included therein If value at field Ei7 is not equal to the sum of S. No. (B1e+ B2e+ B3c+ B6+ B9e+ B10+ B11b)

Note: This rule will be applicable only if the sum of S. No. (B1e+ B2e+B3c+ B6+ B9e+ B10+ B11b)is negative

Note: The figures of LTCG in this table (B1e* etc.) are the amounts of LTCG computed in respective column (B1-B11) as reduced by the amount of LTCG chargeable or not chargeable to tax at special rates as per DTAA, which is included therein, if any.

For Non Residents amount will be reduced only if TRC flag is Yes at column No. 7 of S. No. B12.

For Non Residents amount will be reduced only if TRC flag is Yes at column No. 7 of S. No. B12.

483 In Schedule CG, S. No. Ei8 should be equal S. No. B12b. Value at field Ei8 is not equal to total of Col. 2 Amount of income of S. No. B12

Note: This rule will be applicable only if the total of Col. 2 Amount of income of S. No. B12 is negative

484 Schedule CG S. No. Eii should be equal to sum of S. No. (A3e+A4a+A8a)as reduced by the amount of STCG chargeable or not chargeable to tax at special rates specified in S. No. A9a & A9b , which is included therein If value at field Eii is not equal to the sum of S. No. (A3e+A4a+A8a)

Note: This rule will be applicable only if the (A3e+A4a+A8a) is positive

Note: The figures of STCG in this table (A1e* etc.) are the amounts of STCG computed in respective column (A1-A8) as reduced by the amount of STCG chargeable or not chargeable to tax at special rates as per DTAA, which is included therein, if any.

For Non Residents amount will be reduced only if TRC flag is Yes at column No. 7 of S. No. A9.

485 Schedule CG S. No. Eiii should be equal to sum of S. No. (A5e+A8b)as reduced by the amount of STCG chargeable or not chargeable to tax at special rates specified in S. No. A9a & A9b , which is included therein If value at field Eiii is not equal to the sum of S. No. (A5e+A8b)

Note: This rule will be applicable only if the (A5e+A8b) is positive

Note: The figures of STCG in this table (A1e* etc.) are the amounts of STCG computed in respective column (A1-A8) as reduced by the amount of STCG chargeable or not chargeable to tax at special rates as per DTAA, which is included therein, if any.

For Non Residents amount will be reduced only if TRC flag is Yes at column No. 7 of S. No. A9.

486 Schedule CG S. No. Eiv should be equal to sum of S. No. (A1e+ A2c+ A4b+ A6g +A7+ A8c)as reduced by the amount of STCG chargeable or not chargeable to tax at special rates specified in S. No. A9a & A9b , which is included therein If value at field Eiv is not equal to the sum of S. No. (A1e+A2c+A4b+A6g +A7+A8c)

Note: The figures of STCG in this table (A1e* etc.) are the amounts of STCG computed in respective column (A1-A8) as reduced by the amount of STCG chargeable or not chargeable to tax at special rates as per DTAA, which is included therein, if any.

For Non Residents amount will be reduced only if TRC flag is Yes at column No. 7 of S. No. A9.

Note: This rule will be applicable only if the (A1e+ A2c+ A4b+ A6g + A7+ A8c) is positive

487 In Schedule CG, S. No. Ev should be equal to S. No. A9b. Value at field Ev is not equal to total of Col. 2 Amount of income of S. No. A9

Note: This rule will be applicable only if the total of Col. 2 Amount of income of S. No. A9 is positive For Non Residents amount will be reduced only if TRC flag is Yes at column No. 7 of S. No. A9.

488 Schedule CG S. No. Evi should be equal to S. No. (B4c+ B5+ B7c+ B8+ B9e + B11a1+ B11a2) as reduced by the amount of LTCG chargeable or not chargeable to tax at special rates specified in S. No. B12a & B12b , which is included therein If value at field Evi is not equal to the sum of S. No. (B4c+ B5+ B7c+ B8+ B11a1+ B11a2)

Note: This rule will be applicable only if the(B4c+ B5+ B7c+ B8+ B11a1+ B11a2) is positive 

Note: The figures of LTCG in this table (B1e* etc.) are the amounts of LTCG computed in respective column (B1-B11) as reduced by the amount of LTCG chargeable or not chargeable to tax at special rates as per DTAA, which is included therein, if any.

For Non Residents amount will be reduced only if TRC flag is Yes at column No. 7 of S. No. B12.

489 Schedule CG S. No. Evii should be equal to S. No. (B1e+ B2e+B3c+ B6+ B9e+ B10e+ B11b) as reduced by the amount of LTCG chargeable or not chargeable to tax at special rates specified in S. No. B12a & B12b , which is included therein If value at field Evii is not equal to the sum of S. No. (B1e+ B2e+ B3c+ B6+ B9e+ B10+ B11b)

Note: This rule will be applicable only if the (B1e+ B2e+B3c+ B6+ B9e+ B10+ B11b) is positive

Note: The figures of LTCG in this table (B1e* etc.) are the amounts of LTCG computed in respective column (B1-B11) as reduced by the amount of LTCG chargeable or not chargeable to tax at special rates as per DTAA, which is included therein, if any.

For Non Residents amount will be reduced only if TRC flag is Yes at column No. 7 of S. No. B12.

490 In Schedule CG, S. No. Eviii should be equal S. No. B12b. Value at field Eviii is not equal to total of Col. 2 Amount of income of S. No. B12

Note: This rule will be applicable only if the total of Col. 2 Amount of income of S. No. B12 is positive

491 There is inconsistency in the CG or assessee is claiming deduction u/s 54 more than the specified limit Deductions claimed under respective section in STCG and LTCG is not matching with Table D. (Eg: amount claimed u/s 54 in different fields is not matching with amount entered in field u/s 54 in table D”
492 Schedule CG Col no E9 should be equal to Col no (1-2-3-4-5-6-7-8) If value at field E9 is not equal to the Col no (1-2- 3-4-5-6-7-8)

Note : if result is negative, restrict to Zero.

493 In schedule CG at table F total of all the quarter of field “Short-term capital gains taxable at the rate of 15%” should match with field 5(vi) of schedule BFLA “Short- term capital gain taxable @ 15%” In Schedule CG, Table F S. No. 1 the breakup of all the quarters is not equal to the value from item 5vi of schedule BFLA
494 In schedule CG at table F total of all the quarter of field “Short-term capital gains taxable at the rate of 30%” should match with field 5(vii) “Short-term capital gain taxable @ 30%” In Schedule CG, Table F S. No. 2 the breakup of all the quarters is not equal to the value from item 5vii of schedule BFLA
495 In schedule CG at table F total of all the quarter of field “Short-term capital gains taxable at applicable rates” should match with field 5(viii) of schedule BFLA “Short- term capital gain taxable at applicable rates” In Schedule CG, Table F S. No. 3 the breakup of all the quarters is not equal to the value from item 5viii of schedule BFLA
496 In schedule CG at table F total of all the quarter of field “Long- term capital gains taxable at the rate of 10%” should match with field 5(x) of schedule BFLA “Long- term capital gain taxable @ 10%” In Schedule CG, Table F S. No. 5 the breakup of all the quarters is not equal to the value from item 5x of schedule BFLA
497 In schedule CG at table F total of all the quarter of field “Long- term capital gains taxable at the rate of 20%” should match with field 5(xi) of schedule BFLA “Long term capital gain taxable @ 20%” In Schedule CG, Table F S. No. 6 the breakup of all the quarters is not equal to the value from item 5xi of schedule BFLA
498 In Schedule 112A, Col. 6 Total Sale Value should be equal to Col. 4*Col. 5 In Schedule 112A, Col. 6 Total Sale Value should be equal to Col. 4*Col. 5

Note : round of each field total for +2 or -2.

499 In Schedule 112A, Col. 7 Cost of acquisition without indexation should be higher of Col. 8 and Col. 9 In Schedule 112A, Col. 7 Cost of acquisition without indexation should be higher of Col. 8 and Col. 9
500 In Schedule 112A, Col. 9 If the long term capital asset was acquired before 01.02.2018 should be lower of Col. 6 and Col. 11 In Schedule 112A, Col. 9 If the long term capital asset was acquired before 01.02.2018 should be lower of Col. 6 and Col. 11
501 In Schedule 112A, Col. 11 Total Fair Market Value of capital asset as per section 55(2)(ac) should be equal to Col. 4*Col. 10 In Schedule 112A, Col. 11 Total Fair Market Value of capital asset as per section 55(2)(ac) should be equal to Col. 4*Col. 10

Note : round of each field total for +2 or -2.

502 In Schedule 112A, Col. 13 Total deductions should be equal to sum of Col. (7+12) In Schedule 112A, Col. 13 Total deductions should be equal to sum of Col. (7+12)

Note : round of each field total for +2 or -2.

503 In Schedule 112A, Col. 14 Balance should be equal to the output of Col. 6-Col. 13 In Schedule 112A, Col. 14 Balance should be equal to the output of Col. 6-Col. 13

Note : round of each field total for +2 or -2.

504 In Schedule 112A, Total of Col 6, 7, 8, 9, 11, 12, 13 and 14 should be equal to the sum of S. No. (1+2+3+4+…..) In Schedule 112A, Total for columns 6, 7, 8, 9, 11, 12, 13 and 14 should be equal to the sum of individual rows

Note : round of each field total for +2 or -2.

505 In Schedule 115AD(1)(iii) proviso, Col. 6 Total Sale Value should be equal to Col. 4*Col. 5 In Schedule 115AD(1)(iii) proviso, Col. 6 Total Sale Value should be equal to Col. 4*Col. 5

Note : round of each field total for +2 or -2.

506 In Schedule 115AD(1)(iii) proviso, Col. 7 Cost of acquisition without indexation should be higher of Col. 8 and Col. 9 In Schedule 115AD(1)(iii) proviso, Col. 7 Cost of acquisition without indexation should be higher of Col. 8 and Col. 9
507 In Schedule 115AD(1)(iii) proviso, Col. 9 If the long term capital asset was acquired before 01.02.2018 should be lower of Col. 6 and Col. 11 In Schedule 115AD(1)(iii) proviso, Col. 9 If the long term capital asset was acquired before 01.02.2018 should be lower of Col. 6 and Col. 11
508 In Schedule 115AD(1)(iii) proviso, Col. 11 Total Fair Market Value of capital asset as per section 55(2)(ac) should be equal to Col. 4*Col. 10 In Schedule 115AD(1)(iii) proviso, Col. 11 Total Fair Market Value of capital asset as per section 55(2)(ac) should be equal to Col. 4*Col. 10

Note : round of each field for +2 or -2.

509 In Schedule 115AD(1)(iii) proviso, Col. 13 Total deductions should be equal to sum of Col. (7+12) In Schedule 115AD(1)(iii) proviso, Col. 13 Total deductions should be equal to sum of Col. (7+12)

Note : round of each field for +2 or -2.

510 In Schedule 115AD(1)(iii) proviso, Col. 14 Balance should be equal to the output of Col. 6-Col. 13 In Schedule 115AD(1)(iii) proviso, Col. 14 Balance should be equal to the output of Col. 6-Col. 13

Note : round of each field for +2 or -2.

511 In Schedule 115AD(1)(iii) proviso, Total of Col 6, 7, 8, 9, 11, 12, 13 and 14 should be equal to the sum of S. No. (1+2+3+4+…..) In Schedule 115AD(1)(iii), Total should be equal to the sum of S. No. (1+2+3+4+…..) Total for columns 6, 7, 8, 9, 11, 12, 13 and 14 should be equal to the sum of individual rows

Note : round of each field for +2 or -2.

512 In “Schedule OS” in (1) of Gross income chargeable to tax at normal applicable rates should be equal to the sum of (1a + 1b + 1c + 1d + 1e) In Schedule OS – Sum of 1a+1b+1c+1d+1e is not equal to S. No. 1
513 In “Schedule OS” 3c should be equal to 3a + 3b In Schedule OS – Sum of 3a+3b is not equal to 3c
514 In Schedule OS, S. No. 1c Rental income from machinery, plants, building, etc., Gross is equal to zero or null and S. No. 3b Depreciation deduction is greater than zero or null In Schedule OS – 1c is equal to zero or null and S. No. 3b is greater than zero
515 In “Schedule OS” 7 Income from other sources (other than from owning and maintaining race horses) should be equal to the sum of (2 + 6) In Schedule OS – Sum of S. No. 2+6(enter 0 if negative) is not equal to S. No. 7
516 In “Schedule OS” 8(e) Balance should be equal to the sum of (Receipts -Deductions under section 57 in relation to receipts at 8a only + Amounts not deductible u/s 58 + Profits chargeable to tax u/s 59) in 8e In Schedule OS – Sum of 8a- 8b+ 8c+ 8d is not equal to S. No. 8e
517 In “Schedule OS” in 9 “Income from other sources” should be equal to the sum of 7 + 8e In Schedule OS – Sum of 7 + 8e( take 8e is zero if negative) is not equal to S. No. 9

Note: This rule will be applicable only if 8e is zero or more than zero

518 In “Schedule OS” amount of “Pass through income in the nature of income from other sources chargeable at special rates ” should be equal to the sum of individual values entered in amount col. In “Schedule OS” if 2d is not equal to sum of all the drop downs
519 In “Schedule OS” in value at field 1(d) should be equal to sum of (di + dii + diii + div + dv) value at S. No. 1d is not equal to sum of S. No. 1di+ 1dii+ 1diii+ 1div+ 1dv in “OS”
520 Taxpayer is a non-resident and showing income under section 115BBF In Filing status Residential Status is “Non Resident” and S. No. 2cxvi of Schedule OS is greater than Zero.
521 In Schedule OS – column 3 of table 2e, the sum of all the dropdown value of Col 2 Amount of income of 1a should not exceed the field 1a “Dividend , Gross” In schedule OS, at column “Item No.1 and 2 in which included”, sum of “Amount” for dropdown “1a” should not exceed value at field 1a
522 In Schedule OS – column 3 of table 2e, the sum of dropdown value of Col 2 Amount of income of 1b should not exceed the field 1b “Interest, Gross” In schedule OS, at column “Item No.1 and 2 in which included”, sum of “Amount” for dropdown “1b” should not exceed value at field 1b

Note: if 1b is -ve, then DTAA from same wont be allowed

523 In Schedule OS – column 3 of table 2e, the sum of dropdown value of Col 2 Amount of Income of 1c should not exceed the field 1c “Rental income from machinery, plants, buildings, etc., Gross” In schedule OS, at column “Item No.1 and 2 in which included”, sum of “Amount” for dropdown “1c” should not exceed value at field 1c
524 In Schedule OS – column 3 of table 2e, the sum of dropdown value of Col 2 Amount of income of 1d should not exceed the field 1d “Income of the nature referred to in section 56(2)(x) which is chargeable to tax “ In schedule OS, at column “Item No.1 and 2 in which included”, sum of “Amount” for dropdown “1d” should not exceed value at field 1d
525 In Schedule OS – column 3 of table 2e, the sum of dropdown value of Col 2 Amount of Income of 2a should not exceed the field 2a “Winnings from lotteries, crossword puzzles etc. chargeable u/s 115BB” In schedule OS, at column “Item No.1 and 2 in which included”, sum of “Amount” for dropdown “2a” should not exceed value at field 2a
526 In Schedule OS – column 3 of table 2e, the sum of dropdown value of Col 2 Amount of Income of 2c should not exceed the field 2c “Any other income chargeable at special rate” In schedule OS, at column “Item No.1 and 2 in which included”, sum of “Amount” for dropdown “2c” should not exceed value at field 2c
527 In Schedule OS – column 3 of table 2e, the sum of dropdown value of Col 2 Amount of Income of 2d should not exceed the field 2d “Pass through income in the nature of income from other sources chargeable at special rates” In schedule OS, at column “Item No.1 and 2 in which included”, sum of “Amount” for dropdown “2d” should not exceed value at field 2d
528 In schedule OS field 6 “Net Income from other sources chargeable at normal applicable rates ” should equal to (1 – 3 + 4 + 5-DTAA related to 1) i.e “Gross income chargeable to tax at normal applicable rates (1a + 1b + 1c + 1d + 1e) – Deductions under section 57 + Amounts not deductible u/s 58 + Profits chargeable to tax u/s 59 – DTAA related to 1 in table f”. In Schedule OS – Sum of S. No. 1(after reducing income related to DTAA portion)-3+4+5 should be equal to 6

For Non Residents DTAA income will be reduced only when TRC flag is “Yes”

note: if 1b is -ve, then DTAA from same won’t be allowed

529 In schedule OS, S. No. 2e, column 10 is not lower of column 6 (rates as per treaty) and column 9 (rates as per IT Act)- For residents

For Non residents – S. No. 2e , column 10 is not lower of column 6(rates as per treaty) and column 9(rates as per IT Act), only if TRC flag is Y

In schedule OS, S. No. 2e, column 10 is not lower of column 6 (rates as per treaty) and column 9 (rates as per IT Act)- For residents

For Non residents – S. No. 2e , column 10 is not lower of column 6(rates as per treaty) and column 9(rates as per IT Act), only if TRC flag is Y

530 In “Schedule OS” amount of “Any other income chargeable at special rate” should be equal to the sum of individual values entered in amount col. In Schedule OS – Sum of 2a+2b+2c+2d+2e elements related to S. No. 1 is not equal to S. No. 2
531 Check the rate at which the Income is charged as per DTAA under schedule OS- In schedule OS, S. No. 2e For TRC flag Y, column 10 is not lower of column 6 and column 9 In schedule OS, S. No. 2e, column 10 is not lower of column 6(rates as per treaty) and column 9(rates as per IT Act)- For residents

For Non residents – S. No. 2e , column 10 is not lower of column 6(rates as per treaty) and column 9(rates as per IT Act), only if TRC flag is Y

532 In “Schedule OS” in the Interest Gross income should be equal to the sum of (From Savings Bank + From Deposits (Bank/ Post Office/ Co-operative) + From Income-tax Refund + In the nature of Pass through income + Others) In Schedule OS, S. No. 1b should be equal to sum of (bi+bii+biii+biv+bv)
533 In Schedule OS, S. No. 10 the quarterly break up of Income by way of winnings from lotteries, crossword puzzles, races, games, gambling, betting etc. referred to in section 2(24)(ix) should be equal to S. No. 2a Winnings from lotteries, crossword puzzles etc. chargeable u/s 115BB after reducing DTAA based i residential status In Schedule OS, S. No. 10 the quarterly break up of Income by way of winnings from lotteries, crossword puzzles, races, games, gambling, betting etc. referred to in section 2(24)(ix) (i+ii+iii+iv+v) should be equal to S. No. 2a Winnings from lotteries, crossword puzzles etc. chargeable u/s 115BB

Note: In schedule OS,

For Non residents – DTAA income will be reduced only if TRC flag is Yes at column number 7 of S. No. 2e

534 Schedule BFLA S. No. 2(i)”Brought forward HP Loss” should be equal to S. No. 4c (xiv)”Adjustment of above losses in Schedule BFL ” of CFL Schedule BFLA S. No. 2(i) is not equal to S. No. 4c(xiv) of CFL
535 Schedule BFLA S. No. 2(ii) should be equal to S. No. 5(xiv) of CFL Schedule BFLA S. No. 2(ii) is not equal to S. No. 5(xiv) of CFL
536 Schedule BFLA S. No. 2(iii) should be equal to S. No. 8(xiv) of CFL Schedule BFLA S. No. 2(iii) is not equal to S. No. 8(xiv) of CFL
537 Schedule BFLA S. No. 2(iv) should be equal to S. No. 6(xiv) of CFL Schedule BFLA S. No. 2(iv) is not equal to S. No. 6(xiv) of CFL
538 Schedule BFLA S. No. 2(v) should be equal to S. No. 7(xiv) of CFL Schedule BFLA S. No. 2(v) is not equal to S. No. 7(xiv) of CFL
539 Schedule BFLA S. No. 2(xiv) should be equal to S. No. 11(xiv) of CFL Schedule BFLA S. No. 2(xiv) is not equal to S. No. 11(xiv) of CFL
540 If in “Schedule BFLA, value at field xvi “Total of brought forward loss set off ” of column 2 should be equal to (2i + 2ii + 2iii +  2iv  +  2v  +  2vi  +  2vii  +  2viii  + 2ix + 2x +  2xi +  2xii  +  2xiv) of column 2. If value at field 2xvi is not equal to the sum of S. No. (2i+2ii + 2iii + 2iv + 2v + 2vi + 2vii +2viii + 2ix + 2x+2xi + 2xii+ 2xiv ) in “Schedule BFLA
541 In “Schedule BFLA”, value at field xvii “Current year’s income remaining after set off  Total of (5i  +  5ii  +  5iii  +  5iv + 5v + 5vi + 5vii + 5viii  +  5ix  +  5x  +  5xi  + 5xii + 5xiii + 5xiv + 5xv) ” of column 5 should be equal to (5i + 5ii + 5iii + 5iv + 5v  +  5vi  +  5vii  +  5viii  +  5ix  +  5x  + 5xi + 5xii + 5xiii + 5xiv + 5xv) of column 5. If value at field 5xvii is not equal to the sum of S. No. (5i + 5ii + 5iii + 5iv+ 5v + 5vi + 5vii + 5viii + 5ix + 5x + 5xi +5xii + 5xiii+ 5xiv + 5xv) in “Schedule BFLA
542 If in “Schedule BFLA, value at field xvi “Total of brought forward loss set off ” of column 3 should be equal to (3i + 3ii + 3iii +  3iv  +  3v  +  3vi  +  3vii  +  3viii  + 3ix + 3x + 3xi +  3xii  + 3xiii + 3xiv + 3xv) of column 3. If value at field 3xvi is not equal to the sum of S. No. (3i+3ii + 3iii + 3iv + 3v + 3vi + 3vii +3viii + 3ix + 3x + 3xi + 3xii + 3xiii + 3iv + 3v) in “Schedule BFLA”
543 If in “Schedule BFLA, value at field xvi “Total of brought forward loss set off ” of column 4 should be equal to (4ii + 4iii + 4iv + 4v + 4vi + 4vii + 4viii + 4ix + 4x + 4xi + 4xii + 4xiv + 4xv) of column 4. If value at field 4xvi is not equal to the sum of S. No.  (4i+4ii + 4iii + 4iv + 4v + 4vi + 4vii +4viii + 4ix + 4x + 4xi+4xii+4xiii+4xiv+4xv) in Schedule BFLA
544 In schedule BFLA 1(i) “House property” should match with 5(ii) of schedule CYLA If value at field 1i in “Schedule BFLA is not equal to S. No. (5ii of schedule CYLA)
545 In schedule BFLA 1(ii) “Business (excluding speculation income and income from specified business)” should match with 5(iii) of schedule CYLA If value at field 1ii in “Schedule BFLA is not equal to S. No. (5iii of schedule CYLA)
546 In schedule BFLA 1(iii) “Business (excluding speculation income and income from specified business)” should match with 5(iv) of schedule CYLA If value at field 1iii in “Schedule BFLA is not equal to S. No. (5iv of schedule CYLA)
547 In schedule BFLA 1(iv) “Speculative Income” should match with 5(v) of schedule CYLA If value at field 1iv in “Schedule BFLA is not equal to S. No. (5v of schedule CYLA)
548 In schedule BFLA 1(v) “Specified Business Income” should match with 5(vi) of schedule CYLA If value at field 1v in “Schedule BFLA is not equal to S. No. (5vi of schedule CYLA)
549 In schedule BFLA 1(vi) “Short-term capital gain taxable at 15%” should match with 5(vii) of schedule CYLA If value at field 1vi in “Schedule BFLA is not equal to S. No. (5vii of schedule CYLA)
550 In schedule BFLA 1(vii) “Short-term capital gain taxable at 30%” should match with 5(viii) of schedule CYLA If value at field 1vii in “Schedule BFLA is not equal to S. No. (5viii of schedule CYLA)
551 In schedule BFLA 1(viii) “Short-term capital gain taxable at applicable rates” should match with 5(ix) of schedule CYLA If value at field 1viii in “Schedule BFLA is not equal to S. No. (5ix of schedule CYLA)
552 In schedule BFLA 1(ix) “Short-term capital gain taxable at Special Rates in India as per DTAA” should match with 5(x) of schedule CYLA If value at field 1ix in “Schedule BFLA is not equal to S. No. (5x of schedule CYLA)
553 In schedule BFLA 1(x) “Long term capital gain taxable at 10%” should match with 5(xi) of schedule CYLA If value at field 1x in “Schedule BFLA is not equal to S. No. (5xi of schedule CYLA)
554 In schedule BFLA 1(xi) “Long term capital gain taxable at 20%” should match with 5(xii) of schedule CYLA If value at field 1xi in “Schedule BFLA is not equal to S. No. (5xii of schedule CYLA)
555 In schedule BFLA 1(xii) “Long term capital gains taxable at Special Rates in India as per DTAA” should match with 5(xiii) of schedule CYLA If value at field 1xii in “Schedule BFLA is not equal to S. No. (5xiii of schedule CYLA)
556 In schedule BFLA 1(xiii) “Net Income from Other sources chargeable at Normal Applicable rates” should match with 5(xiv) of schedule CYLA If value at field 1xiii in “Schedule BFLA is not equal to S. No. (5xiv of schedule CYLA)
557 In schedule BFLA 1(xiv) “Profit from owning and maintaining race horses” should match with 5(xv) of schedule CYLA If value at field 1xiv in “Schedule BFLA is not equal to S. No. (5xv of schedule CYLA)
558 In schedule BFLA 1(xv) “Income from other sources income taxable at special rates in India as per DTAA” should match with 5(xvi) of schedule CYLA If value at field 1xv in “Schedule BFLA is not equal to S. No. (5xvi of schedule CYLA)
559 In “Schedule PART B – TI” ,value of ‘8’ Brought forward losses to be set off against 7 should be equal to value at “total of 2xvi, 3xvi and 4xvi” of “Schedule BFLA” The value in Pt 8- Brought forward losses set off against 7 of Part B TI is not equal to value total value in field 2xvi, 3xvi and 4xvi of Schedule BFLA
560 “Short Term Capital Loss at Schedule CFL” is different with sum of “Short Term Capital Losses remaining after set off” at table E of Schedule CG. The value in S.No. 9xv of Short Term Capital Loss is Sch CFL is not equal to ((2x+3x+4x+5x) of item E of schedule CG).

Note: This rule will be applicable if return is filed under section 139(1)

561 Long Term Capital Loss at Schedule CFL” is different with sum of “Long Term Capital Losses remaining after set off” at table E of Schedule CG. The value in S.No. 10xv of Long Term Capital Loss in Sch CFL is not equal to ((6x+7x+8x)of item E of schedule CG)

Note: This rule will be applicable if return is filed under section 139(1)

562 House Property Loss at Schedule CFL” is different with the amount at “House Property Loss remaining after set-off at Schedule CYLA”. Value in 4xv of Schedule CFL is not equal to 2xviii of Schedule CYLA.
563 “Business & Profession Loss at Schedule CFL” is different with the amount at “Business & Profession Loss remaining after set-off at Schedule CYLA”. Value in 5xv of Schedule CFL is not equal to 3xviii of Schedule CYLA.
564 “Speculative Business Loss at Schedule CFL” is different with the amount at “Income/Loss from Speculative Business at Schedule BP” Value in 6xv of Schedule CFL is not equal to B43 multiplied by (-1) of Schedule BP.

Note: This condition should be checked if return is filed u/s 139(1)

565 “Specified Business Loss at Schedule CFL” is different with the amount at “Income/Loss from Specified Business at Schedule BP”. Value in 7xv of Schedule CFL is not equal to C49 multiplied by (-1) of Schedule BP.

Note: This condition should be checked if return is filed u/s 139(1)

566 Current Year Loss from life insurance business u/s 115B in CFL should be equal to S. No. E(iv) of schedule BP Value in 8xv of Schedule CFL is not equal to E(iv) of Table E of schedule BP multiplied by (-1) of Schedule BP.

Note: This rule will be applicable if return is filed under section 139(1)

567 Current year loss from owning & maintaining race horses in schedule CFL should be equal to S. No. 8 of Sch OS Value in 11xv of Schedule CFL should be equal to (-1) value Multiplied by S.No. 8e of Sch OS.

Note: This rule will be applicable if return is filed under section 139(1)

568 In schedule CYLA S. No. 2xvii cannot be more than Rs. 200000 In schedule CYLA S. No. 2xvii cannot be more than Rs. 200000
569 House property loss claimed at Schedule CYLA” is different with the amount at “Schedule HP”. If 2i of Schedule CYLA is more than Zero , AND value in 2i of Schedule CYLA is not equal to[ (-1) value Multiplied by ( 4 of Schedule HP)].
570 Business & Profession loss claimed at Schedule CYLA” is different with the amount at “Schedule BP”. If 3i of Schedule CYLA is more than Zero, AND Value in 3i of Schedule CYLA is not equal to (S.No 2vi of Table F of Schedule BP)].
571 “Other sources loss at Schedule CYLA” is different with the amount at “Schedule OS”. If 4i of Schedule CYLA is more than Zero, AND Value in 4i of Schedule CYLA is not equal to[ (-1) value Multiplied by ( 6 of Schedule OS)].
572 In “Schedule CYLA, value at field xvii “Total loss set-off” of column 2 should be equal to (ii + iii + iv + v + vi + vii + viii + ix + x + xi + xii + xiii + xiv + xv + xvi) of column 2 to the maximum of Rs.200000. Value in 2xvii of Schedule CYLA is not equal to sum of (2iii + 2iv + 2v + 2vi + 2vii + 2viii + 2ix + 2x+2xii +2xiii+2xiv+2xv+2xvi)

Note : This “Total loss set-off ” field cannot be more than Rs.200000.

573 In “Schedule CYLA, value at field xvii “Total loss set-off” of column 3 should be equal to (ii + iii + iv + v + vi + vii + viii + ix + x + xi + xii + xiii + xiv + xv + xvi) of column 3. Value in , S. No. 3xvii i.e. Schedule CYLA is not equal to sum of ( 3ii+ 3vii + 3viii + 3ix + 3x+3xi+3xii +3xiii+3xiv+3xv+3xvi)
574 In “Schedule CYLA, value at field xvii “Total loss set-off” of column 4 should be equal to (ii + iii + iv + v + vi + vii + viii + ix + x + xi + xii + xiii + xiv + xv + xvi) of column 4 Value in , S. No. 4xvii i.e. Schedule CYLA is not equal to sum of ( 4ii+ 4iii+ 4iv+ 4v+ 4vi+ 4vii + 4viii + 4ix + 4x+ 4xi+ 4xiii+ 4xiv+ 4xvi+ 4xv+ 4xvi)
575 In “Schedule CYLA, value at field (xviii) “Loss remaining after set-off” of column 2 should be equal to 2(i) – 2(xvii). Value in 2xviii of Schedule CYLA is not equal to output of S. No. 2i-2xvii

Note : if result is -ve, restrict to Zero

576 In “Schedule CYLA, value at field (xviii) “Loss remaining after set-off” of column 3 should be equal to 3(i) – 3(xvii). Value in 3xviii of Schedule CYLA is not equal to output of S. No. 3i-3xvii

Note : if result is -ve, restrict to Zero

577 In “Schedule CYLA, value at field (xviii) “Loss remaining after set-off” of column 4 should be equal to 4(i) – 4(xvii). Value in 4xviii of Schedule CYLA is not equal to output of S. No. 4i-4xvii

Note : if result is -ve, restrict to Zero

578 In Schedule CYLA, Col No. 5 Current year’s Income remaining after set off should be equal to the output of Col No. 1-2-3-4 In Schedule CYLA, Col No. 5 Current year’s Income remaining after set off should be equal to the output of Col No. 1-2-3-4

Note : if result is -ve, restrict to Zero. Check for all rows

579 In schedule CYLA, Value in 1iii should be equal to A39 of Schedule BP, only if A 38 is positive

Note : only if A38 is +ve.

Value in 1iii of Schedule CYLA is not equal to A38 of Schedule BP

Note : only if A38 is +ve.

580 In Schedule CYLA Income from life insurance business u/s 115B should be equal to S. No. 3iv of Table F of Schedule BP Value in 1iv of Schedule CYLA is not equal to F3iv of Schedule BP
581 In Schedule CYLA Speculative Income should be equal to S. No. 3ii of Table F of Schedule BP Value in 1v of Schedule CYLA is not equal to F3ii of Schedule BP
582 In Schedule CYLA Specified business Income should be equal to S. No. 3iii of Table F of Schedule BP Value in 1vi of Schedule CYLA is not equal to F3iii of Schedule BP
583 In Schedule CYLA Short term capital gain @15% should be equal to S. No. 9ii of item E of Schedule CG Value in 1vii of Schedule CYLA is not equal to S. No. 9ii of item E of schedule CG
584 In Schedule CYLA Short term capital gain @30% should be equal to S. No. 9iii of item E of Schedule CG Value in 1viii of Schedule CYLA is not equal to S. No. 9iii of item E of schedule CG
585 In Schedule CYLA Short term capital gain taxable at applicable rates should be equal to S. No. 9iv of item E of Schedule CG Value in 1ix of Schedule CYLA is not equal to S. No. 9iv of item E of schedule CG
586 In Schedule CYLA Short term capital gain taxable at special rates in India as per DTAA should be equal to S. No. 9v of item E of Schedule CG Value in 1x of Schedule CYLA is not equal to S. No. 9v of item E of schedule CG
587 In Schedule CYLA Long term capital gain taxable @10% should be equal to S. No. 9vi of item E of Schedule CG Value in 1xi of Schedule CYLA is not equal to S. No. 9vi of item E of schedule CG
588 In Schedule CYLA Long term capital gain taxable @20% should be equal to S. No. 9vii of item E of Schedule CG Value in 1xii of Schedule CYLA is not equal to S. No. 9vii of item E of schedule CG
589 In Schedule CYLA Long term capital gain taxable at special rates in India as per DTAA should be equal to S. No. 9viii of item E of Schedule CG Value in 1xiii of Schedule CYLA is not equal to S. No. 9viii of item E of schedule CG
590 In Schedule CYLA Other Source Income(excluding profit from owning race horses and amount chargeable to special rate of tax) should be equal to S. No. 6 of Schedule OS Value in 1xiv of Schedule CYLA is not equal to S. No. 6 of schedule OS(provided 6 is positive)
591 In Schedule CYLA Profit from owning and maintaining race horses should be equal to S. No. 8e of Schedule OS Value in 1xv of Schedule CYLA is not equal to S. No. 8e of schedule OS (provided that 8e is positive)
592 In Schedule CYLA Income from other sources taxable at special rates in India as per DTAA should be equal to S. No. 2f of Schedule OS Value in 1xvi of Schedule CYLA is not equal to S. No. 2f of schedule OS
593 The total of all the quarter of Dividend Income u/s 115BBDA must be equal to [2d (115BBDA Dividend Income from domestic company exceeding 10Lakh) + 115BBDA dropdown of 2e – DTAA 115BBDA – DTAA 115BBDA PTI] of Schedule OS

Note: For Non-Residents DTAA income to be reduced only TRC flag is Y for the respective income

In Schedule OS, S. No. 10 the quarterly break up of Dividend Income u/s 115BBDA (i+ii+iii+iv+v) should be equal to [2c (115BBDA Dividend Income from domestic company) + 115BBDA dropdown of 2d – DTAA 115BBDA -DTAA 115BBDA PTI] of Schedule OS

Note: For Non-Residents DTAA income to be reduced only TRC flag is Y for the respective income

594 STCG chargeable at special rates in India as per DTAA should match with corresponding income offered in schedule BFLA STCG chargeable at special rates in India as per DTAA offered in schedule SI is not equal to amount offered in sl no5ix of schedule BFLA
595 LTCG chargeable at special rates in India as per DTAA should match with corresponding income offered in schedule BFLA LTCG chargeable at special rates in India as per DTAA offered in schedule SI is not equal to amount offered in sl no5xii of schedule BFLA
596 In schedule CG at table F total of all the quarter of field “Short-term capital gains taxable at DTAA rates” should match with field 5(ix) of schedule BFLA “Short-term capital gain taxable at special rates in India as per DTAA” In Schedule CG, Table F S. No. 4 the breakup of all the quarters is not equal to the value from item 5ix of schedule BFLA
597 In schedule CG at table F total of all the quarter of field “Long term capital gains taxable @ DTAA rates” should match with field 5(xii) of schedule BFLA “Long-term capital gain taxable at special rates in India as per DTAA” In Schedule CG, Table F S. No. 7 the breakup of all the quarters is not equal to the value from item 5xii of schedule BFLA
598 In “Schedule PART B – TI”, value of ‘3a(iv)’ Short-term chargeable at special rates in India as per DTAA should be equal to “9v of item E” of “schedule CG” In Part B TI , the value in Pt3aiv -“Short term chargeable @ special rate in India as per DTAA > 0

AND

this value is NOT EQUAL TO value in “Field 9v of item E of Sch CG”

599 In “Schedule PART B – TI” , value of ‘3b(iii)’ “Long-term chargeable at special rates in India as per DTAA” should be equal to “9viii of item E” of “schedule CG” In Part B TI , the value in Pt3biii -“Long term chargeable @ special rate in India as per DTAA > 0

AND

this value is NOT EQUAL TO value in “Field 9viii of item E of Sch CG”

600 In Schedule CG, S. No. A “DTAA table” Applicable Rate should be lower of Col. 6 (Rate as per Treaty) or Col. 9 (Rate as per IT Act) In Schedule CG, S. No. A9 Col. 10 Applicable Rate is not equal to lower of Col. 6 (Rate as per Treaty) or Col. 9 (Rate as per IT Act)For residents For Non residents – S. No. A9 , column 10 is not lower of column 6(rates as per treaty) and column 9(rates as per IT Act), only if TRC flag is Y
601 In Schedule CG, S. No. B”DTAA” Col. 10 Applicable Rate should be lower of Col. 6 (Rate as per Treaty) or Col. 9 (Rate as per IT Act) In Schedule CG, S. No. B12 Col. 10 Applicable Rate is not equal to lower of Col. 6 (Rate as per Treaty) or Col. 9 (Rate as per IT Act) For residents

For Non residents – S. No. B12 , column 10 is not lower of column 6(rates as per treaty) and column 9(rates as per IT Act), only if TRC flag is Y

602 If amount of deduction under chapter VIA for any section from section 80C to 80 GGC is filled but drop down for Whether, you have made any investment/ deposit/ payments between 01.04.2020 to 31.07.2020 for the purpose of claiming any deduction under Part B of Chapter VIA? is not selected In Part C- Deductions and Taxable total Income, user value in any field from 80C to 80GGC is greater than zero and drop down for “Whether, you have made any investment/ deposit/ payments between 01.04.2020 to 31.07.2020 for the purpose of claiming any deduction under Part B of Chapter VIA?” is not selected
603 In Schedule BP, “Depreciation allowable under section 32(1)(i)”, depreciation is claimed whereas ”Nature of business” mentioned by the taxpayer is other than power sector (Code 05001 and 06008). (i)  The value in pt. 12(ii) of Schedule BP “Depreciation allowable under section 32(1)(i) ” is greater than zero and nature of business code is not 05001 or 06008

Or 

(ii)  In Schedule DPM, Sr. no 17 is greater than zero, in schedule BP, the depreciation u/s 32(1)(ii) is more than zero and depreciation claimed u/s 32(1)(i) is also more than zero and the value in pt. 12(ii) of Schedule BP “Depreciation allowable under section 32(1)(i) ” is greater than zero AND In schedule nature of Business, all three rows must contain different nature of business codes.

604 In Schedule CG ,In case A1(aii) does not exceed 1.05 times A1(ai), value at A1(aiii) will be equal to A1(ai), or else value at A1(aiii) will be equal to A1(aii) In Schedule CG ,In case A1(aii) does not exceed 1.05 times A1(ai), value at A1(aiii) will be equal to A1(ai), or else value at A1(aiii) will be equal to A1(aii)
605 In Schedule CG ,In case B1(aii) does not exceed 1.05 times B1(ai), value at B1(aiii) will be equal to B1(ai), or else value at B1(aiii) will be equal to B1(aii) In Schedule CG ,In case B1(aii) does not exceed 1.05 times B1(ai), value at B1(aiii) will be equal to B1(ai), or else value at B1(aiii) will be equal to B1(aii)
606 In “Schedule EI” in total of Other exempt income, should be equal to value entered in individual columns. In “Schedule EI” in total of Other exempt income, should be equal to value entered in individual columns.
607 In “Schedule AMTC” Col. D Balance AMT Credit Carried Forward should be equal to the sum of Col. B3 (Balance brought forward to the current assessment year) – Col. C (AMT Credit Utilized during the Current Assessment Year) In “Schedule AMTC” Col. D Balance AMT Credit Carried Forward should be equal to the sum of Col. B3 (Balance brought forward to the current assessment year) – Col. C (AMT Credit Utilized during the Current Assessment Year)
608 In “Schedule AMTC” in field 4 column (B3) Balance brought forward to the current assessment year should be equal to B1-B2 In “Schedule AMTC” in field 4 column (B3) Balance brought forward to the current assessment year should be equal to B1-B2
609 In “Schedule Part B TTI” point “Advance Tax” paid is not equal to the sum of total Tax Paid in schedule IT where date of deposit is between 01/04/2019 and 31/03/2020. Sum of total Tax Paid in schedule IT where date of deposit is between 01/04/2019 and 31/03/2020 is not equal to amount mentioned in the field 10a “Advance Tax of schedule Part BTTI
610 In “Schedule Part B TTI” Self-Assessment Tax is not equal to the sum of total Tax Paid in schedule IT where date of deposit is after 31/03/2020 for A.Y 2020-21. Sum of total Tax Paid in schedule IT where date of deposit is after 31/03/2020 for A.Y 2020-21 is not equal to amount mentioned in the field 10d Self-Assessment Tax of schedule Part BTTI
611 In schedule BP Total depreciation allowable under Income-tax Act does not tally with sum of Depreciation allowable under section 32(1)(ii) and 32(1)(iia) and Depreciation allowable under section 32(1)(i) S. No. A12iii should be equal to sum of S. No. A(12i+12ii) in Schedule BP
612 Amounts reported in Part A OI at S. No. 5f i.e ” Total amount not credited to P&L account” should be offered to tax at S. No. 23″Any other item of addition under section 28 to 44DA” and/or 24″others” of schedule BP S. No. 23+24(e) of schedule BP is less than sum of S. No. 5(a+b+c+d+e) of Part A OI
613 Presumptive Business Income Under Section 44AD cannot be claimed by Non- Resident. status in Part A – General is selected as non resident and value at field 44AD & 44ADA is greater than Zero
614 If Assessee selects field , Whether during the year total sales/ turnover/gross receipts of business exceeds 1 Crore Rupees but does not exceed 5 Crore Rupees as Yes, a2ii cannot be left blank In Part A General -Audit Information, S. No. a2ii cannot be blank, if a2i is selected as Yes
615 If Assessee selects field , Whether during the year total sales/turnover/gross receipts of business exceeds 1 Crore Rupees but does not exceed 5 Crore Rupees as Yes, a2iii cannot be left blank In Part A General -Audit Information, S. No. a2iii cannot be blank, if a2i is selected as Yes
616 In Schedule CG S. No. A6g of STCG should be equal to the sum of A(6c+6d+6e-6f) If in Sch CG A6g is not equal to A(6c+6d+6e-6f)
617 In Schedule CG, Table F S. No. 4 the breakup of all the quarters should be equal to the value from item 5ix of schedule BFLA In Schedule CG, Table F S. No. 4 the breakup of all the quarters should be equal to the value from item 5ix of schedule BFLA
618 In Schedule CG, Table F S. No. 7 the breakup of all the quarters should be equal to the value from item 5xii of schedule BFLA In Schedule CG, Table F S. No. 7 the breakup of all the quarters is not equal to the value from item 5xi of schedule BFLA

Pr. DGIT(Systems) or DGIT(Systems), as the case may be, is authorized to add or remove any rules above based on technical feasibility and same may be uploaded in e-filing portal.

Download Full text of ITR-5 Instruction Released on 22.11.2020

Download Full text of ITR-5 Instruction Released on 23.10.2020

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Also Read

1 Instructions for filling ITR-1 SAHAJ for A.Y. 2020-21
2

Revised Instructions for filling out Form ITR-2 for AY 2020-21

3

Revised Instructions for filling out Form ITR-3 for AY 2020-21

4

Instructions for filling ITR-4 SUGAM for A.Y. 2020-21

5

Revised Instructions for filling out Form ITR-5 for AY 2020-21

6

Revised Instructions For Filling Out Form ITR-6 for A.Y. 2020-21

7

Revised Instructions for filling out Form ITR-7 for A.Y. 2020-21

Republished with amndments as per Instructions updated by CBDT on 22.11.2020.

More Under Income Tax

One Comment

  1. Prathap says:

    In Column ‘(a2i) – If No , Whether during the year Total sales/turnover/gross receipts of business exceeds Rs. 1 crores but does not exceed Rs. 5 crores?’

    As of my knowledge this applicable only for Business people and not for Professions – kindly confirm whether professionals are also fill the said details or may select ‘No’ in said dropdown

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