When filling up ITR2 for my son who is having both salary income as well as income from selling shares which I have shown under CG - Short term Capital Gains 111A and also filled the breakup under Information about receipt of Capital Gain - Point 1. - Short term capital gain taxable at 15% flat rate. The Tax working in ITR 2 shows as Gross Income including STCG and rate of income tax is calculated at usual applicable rate. It does not calculate 15% on STCG amount entered. Can somebody help where I am committing mistake?
CAclubindia
