FROM THE TAX COMPILATION SHEET, I OBSERVE THAT THE EFFECT OF REBATE OF RS 1 LAC ON CAPITAL GAINS IS NOT ACCOUNTED FOR WHILE COMPUTING TAX. TAX IS CALCULATED ON THE ENTIRE AMOUNT OF CAPITAL GAINS.
HOW CAN THIS BE RECTIFIED? AM I MISSING OUT ON FILLING ANY CHART?
BHUPINDER SHAH AND COMPANY
New Delhi
CA Inter
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Triveni Turbine Limited
Bengaluru
CA
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CAclubindia
