Deduction of Rs. 1,00,000 under section 112A

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A user is seeking to claim a Rs 1 Lakh deduction under Section 112A of the Income Tax Act. They have short-term capital gains set off against previous short-term capital losses, and long-term capital gains less than Rs 1 Lakh also set off against these losses. The user is unsure why the deduction wasn't applied in their ITR-2 and how to claim it.

HIMESH

HIMESH (Querist)
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30 July 2021 Hi, I have short term capital gain which is set off against carried forwrarded short terms capital loss from pervious years. At the same time I have long term capital gain less than Rs. 1 lac which is also set off against carried forwrarded short terms capital loss from pervious years. No deduction of Rs, 1,00,000 taken place in the ITR-2. May I know how to get the deduction in this scenario. I appreciate your kind support.