Incorrect Tax calculation in Form ITR-3

Quick Summary
Users encountered an issue with Form ITR-3 where the tax on Long Term Capital Gains (LTCG) was incorrectly calculated at 10% on the entire taxable amount, rather than only on the portion exceeding Rs. 1 lakh. After troubleshooting, including addressing schema errors and re-downloading the utility, the problem was resolved, and accurate tax calculations were achieved.

Hi All

The problem is resolved. Had to re-download the utility and filed the form again.

Thanks & Regards,

 

Yesterday there was problem with utility..Today filing is happening

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