ITR 1 ot 2
This query is : Resolved
26 July 2023
when i filling form ITR2 - to include the LTCG of mutual funds (equity oriented) profits less than 1 lakh
it is calculating under taxable amount but actually upto 1 lakh is exemption under section 112A. is there any option to fill exemption in this form?
it is calculating under taxable amount but actually upto 1 lakh is exemption under section 112A. is there any option to fill exemption in this form?
26 July 2023
Yes, it is modification in calculation of total income.
But while calculating the tax liability it is not considered, if it is less than 1 lakh.
So, check your tax liability.
But while calculating the tax liability it is not considered, if it is less than 1 lakh.
So, check your tax liability.
13 September 2024
Good luck.
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