ER-1 Returns

[Rudrayani Shedjale]

Hello

upto March 2015 we have filed ER3 returns.

but during f.y.2014-15 our DTA clearance crossed 400lakhs.

so we should file ER1 from April 2015?

but while filing ER1 from aces.gov.in website we are getting an error as

• Invalid entry for month-year combination. The entry should fall between the year and month of your registration and the previous month of the current year!!
• Month-Year which you are filing RETURN, last RETURN RECORD DOES NOT EXIST!!

can somebody guide me on this?

AI Summary

Turnover threshold requires switching to monthly ER-1 returns; ACES may need departmental amendment to fix previous return error.
Crossing the prescribed DTA clearance turnover threshold requires switching from ER-3 to monthly ER-1 filings, to be lodged after the month end and resulting in discharge from SSI status. If ACES shows a "Month Year last record not exist" error, the remedy is to file the preceding month's return in ACES or have the jurisdictional Range Superintendent/department enter an observation or make an administrative amendment so the ER-1 can be accepted.