Exempt LTCG issue in ITR-2 Java utility for AY 2020-21

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A user is experiencing an issue with the ITR-2 Java utility for AY 2020-21, where exempt Long Term Capital Gains (LTCG) are not being correctly reflected. Despite entering Rs 21,000 in Schedule 112A, the Rs 1,00,000 exempt amount is not showing as zero in Schedule CG and B-TTI. The user later clarified that the exemption is indeed considered in the tax calculation, resulting in a nil tax liability under LTCG.

Anil Kumar

Anil Kumar (Querist)
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12 July 2020 Respected experts,

I am preparing my ITR for AY 2020-21 using ITR-2 java utility from incometaxindiaefiling.gov.in. I have entered 3 transaction of LTCG in schedule 112A, total LTCG being Rs 21000. Schedule CG and B-TTI are populated without considering Rs one lakh of exempt LTCG, i.e in B-TTI the LTCG should be zero, but it appears as 21000. Please help on what I am missing.

Anil Kumar

Anil Kumar (Querist)
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12 July 2020 It was my mistake. The exempt amount of LTCG 100000 is considered while calculation tax. It's visible in B-TTI and SI.