INCOME tax calculation query

NaveeN (Banker) (33 Points)

08 December 2023  

I'm 24 years old indian citizen doing equity investments.
I have 12 Lakh short term capital gains in sold equity shares. No other income. No deductions. What is total income tax to be paid

1. 180000 ( only short term capital gains tax) 
Or
2. 63000( income tax on amt 11.2 L) + 180000( STCG)  = 243000