Income Tax Slab Rate and 87A Rebate


This query is : Resolved 

Quick Summary
This discussion clarifies the applicability of the 87A rebate for the financial year 2025-26, particularly concerning individuals with income from salary and capital gains. It confirms that the 87A rebate is generally not applicable to income derived from long-term and short-term capital gains, even if the total income falls within certain limits.

02 May 2025 For FY 2025-26
If an individual having total income from salary Rs. 8 lakh and Income from long term capital gain Rs. 3 lakh and short term cap gain Rs. 1 lakh.
Whether rebate applicable for both short and long term cap gain?????

02 May 2025 Not eligible.

03 May 2025 ok means either long term cap gain derived from sale of land. 87 A REBATE not eligible for every Long term and short term gain

03 May 2025 Yes, correct.

28 September 2025 Good luck.....


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