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

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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.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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05 November 2021 Final tax liability under LTCG, would be nil

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