Discrepancy in Deduction u/s 80G
Due to difference in the handling of deductions u/s 80G between the ITR Excel utility (provided by the e-Filing department) and the interpretation of the law, an option has been provided to allow users to choose their preferred option.
From Masters -> User Parameters -> Statement of Income Options:
"Donations by Law (Y) / Donations by Excel (N)"
"Donations by Law (Y) / Donations by Excel (N)"
Choose Y or N appropriately.
By default, the option is now "Donations by Law". All data saved in Deductions u/s VI-A after this update will be processed accordingly. (Note that previously, software implemented calculations as per Excel).
- If your preferred option is "Donations by Law (Y)"
You must recompute data by saving again the annexure of "Deductions u/s VI-A" for each file/client. - If your preferred option is "Donations by Excel (N)"
You must only change the option from User-Parameters back to "N".
