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ST capital gains and income tax

This query is : Resolved 

04 August 2024 fy23-24 I had filled up itr3 for stcg+professional income sec ADA+interest income total inr 461000/- no refund claimed no tax applicable. afterwards my ais got updated in july and i filed revised itr for same stcg+same professional income in sec ADA with inr2875 refund +interest income increased by inr11000 total inr480,000/-, with refund claim 2875/-. but this time IT cut inr880 for stcg and allowed refund of inr2000/-. Though my total income is less than 7 lac under new regime .why did they tax my stcg (last year they did not tax stcg )as soon as i claimed a refund on TDS professional income.





04 August 2024 Rebate u/s. 87A is not allowed over STCG u/s. 112A, IT act in new regime; which has been clarified by ITD; this year.



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