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In processing of Income tax return, Long term capital gain u/s 112A is doubled - Income TaxExtract Dear All I am facing a situation that similar type of addition is made in intimation of many Individual assessee having Long term capital gain for AY 19-20 u/s 112A . Cost of acquisition is take as per rule only without giving effect to the first and second proviso to section 48 . But in processing, intimation is taking double amount of such Long term capital gain. I have applied for re-processing also, but again same problem persists. Kindly help if any one has faced same situation.
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