Income Tax Slab Rate and 87A Rebate
This query is : Resolved
Quick Summary
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?????
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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