LTCG is added in total income and is above 5 lakhs.
In Aggregate Income column, value is less than 5 lakhs. Tax is calculated on the aggregate income in the tax computation sheet, but 87A Rebate is not given. Please see attached screenshot:
Not able to avail Rebate Under 87A in ITR2 even though Aggregate Income less than 5 lakh
Page no : 2
Ajesh G.S
(23 Points)
Replied 25 July 2023
Attached File : 3910449 20230725192032 tax computation.pdf downloaded: 107 times
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178169 Points)
Replied 25 July 2023
Whether right or wrong, you will have to pay Rs. 11,447/- tax over the exempt income of Rs.8848/- as the aggregate income has crossed Rs. 5 lakhs.
Ajesh G.S
(23 Points)
Replied 26 July 2023
I Paid the amount today and filed my return.
Thank you for all the help provided.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178169 Points)
Replied 26 July 2023
You are welcome ..
Good luck...
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