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1.25 lakh exemption in LTCG on equity not getting reflected in ITR

This query is : Resolved 
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(Querist)
16 August 2025 while using ITR on efiling web site, 1.25 lakh is not getting reduced from total LTCG. Full amount of LTCG is shown in schedule SI and 10% and 12.5% tax is calculated on full amount.

e.g.
On LTCG of 4 lakh ( as shown in sch 112A) , tax on 2 lakh @ 10% is shown as 20000 and on 2 lakh @ 12.5% as 25000. The total of 45000 is carried to tax due. 1.25 lakh is not reduced from 4 lakh.

please advise if I am making any mistake in filing
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
16 August 2025 We do not find any such difficulty in offline java utility. The tax liability in Schedule SI will get reduced from 2 lakhs at 12.5%. so the net tax liability should be over 75K* 12.5% (plus 20000 over 10% LTCG).
Check offline utility. It is working fine.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
23 September 2025 Good luck....
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