LTCG TAX CLACULATION

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Engineer
98 Points Posted on 01 June 2023

TR_AY 2022_23_V1.3.xlsm is not calculating the LTCG (under Sec 112(1), i.e, without indexation) tax properly. It is not deducting the Rs. One Lakh!

Anybody has a fix for this? 

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On 01 June 2023 at 16:11 Report
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Quick Summary
A user is encountering a problem with the TR_AY 2022_23_V1.3.xlsm spreadsheet, as it's not correctly calculating Long Term Capital Gains (LTCG) tax under Section 112(1) by failing to deduct the Rs 1 Lakh threshold. They are seeking a fix for this calculation error. An alternative suggestion provided is to use the online filing form on the income tax portal instead of the utility.

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Own Business
496 Points Posted on 01 June 2023
Instead of utility try filing form online on income tax portal
1 Reply
On 01 June 2023 at 16:26
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Profession Business
28246 Points Posted on 01 June 2023
It's available
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On 01 June 2023 at 18:28

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