Capital gain query - Mistmatch amount error in capital gain and BFLA section?

[Hemant K]

I have capital gain of 710067. after expenditure it comes 707994.

Before 23rd July 2024 having 707994 and after 23rd July 2024 capital gain 4305.

In capital Gain Section F udpated as follows

1 . STCG 15% -  upto 15/6(i) - 0, 16/6 to 15/9(ii) - 707994

2. STCG 20% -   upto 15/6(i) - 0, 16/6 to 15/9(ii) - 0,16/9 to 15/12 (iii) - 4305,16/12 to 15/3 (iv)-0,16/3 to 31/3 (v) - 0.

 

In BFLA 5 of Schedule CYLA VIA(STCG 15%) - 707994 and VIB(STCG 20%) - 4305.

 

But after completion getting error - 

Field Name Short-term Capital gain taxable at rate 15% - In Schedule CG, Table F Sl No 1 the breakup of all the quarters is not equal to the value from the item 5via of schedule BFLA.

 

Can you someone assist me here?

AI Summary

Resolve return validation error: reconcile quarterwise Table F entries with BFLA totals by declaring net short-term capital gain after set-offs Taxpayer reports total short-term capital gain of 710,067 reduced to 707,994 after expenses, with a post-23 July 2024 component of 4,305. In Schedule CG Table F the quarterly breakups allocate 707,994 to the 15% slab and 4,305 to the 20% slab, while Schedule BFLA item 5via shows the same totals, yet the return validation errors because the sum of Table F quarterwise entries must equal the BFLA item. Resolver advised to declare the net short-term capital gain after intra-year set-offs and brought-forward losses so the schedules reconcile.