ITR 3 Slabs for FY 2025-26


This query is : Resolved 

Quick Summary
This discussion clarifies tax implications for FY 2025-26 under ITR 3, considering a Gross Total Income of ₹12 Lakhs from salary, professional services, and bank interest. It confirms eligibility for the Section 87A rebate, as the total income does not exceed the specified threshold.

20 August 2025 Dear Expert,

For below income details what are the tax implication for this ?

1. Salary : 5 Lakhs
2. Income from Professional services : 5.5 Lakhs
3. Interest from Bank: 1.5 Lakhs

Gross Total income is 12 Lakhs (excluding Standard deduction)

In this case will I be eligible for 87A rebate as my GTI is not exceeding 12 Lakhs ?



20 August 2025 Yes...

22 September 2025 Good luck..


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