Income tax return upload error - In schedule 112A col. 7 Cost of acquisition without indexation is not higher col 8 and col 9
Income tax return upload error - In schedule 112A col. 7 Cost of acquisition without indexation is not higher col 8 and col 9
Possible Solution
This error is coming because you have check mark on "allow indexation" in the 112a capital gain entry, because the benefit of Indexation is not available for an asset which is getting taxed as per Section 112A. Thus, the cost of acquisition will be directly reduced from the Full Value of Consideration to arrive at any gain or loss.
Remove check mark on "allow indexation"
Hope this Helps
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