Rebate u/s 87a

nikhil (articleship) (137 Points)

26 December 2020  
Total income including LTCG is Rs 533000 and LTCG is 37000. So LTCG will be exempt bcoz below 1lac and if we reduce LTCG from total income, net total income will me below 5 lac still system is calculating tax without giving rebate u/s 87a, as net total income is below 5lacs.