Rebate on LTCG.

whether the deduction of RS. 100000 u/s 112A will be counted while calculating rebate u/s 87a i.e. whether we are required to deduct exemption of 100000rs. u/s 112A,
while calculating total income for the purpose of rebate u/s 87a for the A.Y. 2019-20
Replies (1)

it will be counted in total income but rebate u/s 87A will not be available against LTCG 112A

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