Section 87A tax rebate can be claimed for short term capital gains income under new tax regime, rules ITAT Ahmedabad

[ad_1]
msid-123283584,imgsize-594563 Section 87A tax rebate can be claimed for short term capital gains income under new tax regime, rules ITAT Ahmedabad
In a significant win for taxpayers, the ITAT Ahmedabad has ruled that Section 87A tax rebate is applicable on short-term capital gains (STCG) under the new tax regime for AY 2024-25. This decision allows taxpayers with total income up to Rs 7 lakh to claim the rebate on STCG, nullifying tax department notices denying such claims. Read more.

[ad_2]

Excerpt: [excerpt]

Read full article on [source_title]

This post contains excerpts from the original article. All rights belong to the respective author.

Leave a Reply

wpChatIcon
wpChatIcon