Rebate U/S 87A on Short Term Capital Gain on Sale Of Property .

Save Share

This query is : Resolved

Sudipta Das (Querist)
Follow

22 August 2026 Is rebate u/s 87A avaliable for Short Term Capital Gain on sale of Property on. Total Income 856511 including Short term capital gain of 165480 on Sale of Property. Excel Utility of ITR 3 for Fy 2025-26 is allowing rebate. But is it theoratically correct

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)
Follow

22 August 2026 Yes, it is theoretically and legally correct. STCG on real estate is taxed at standard slab rates rather than a special flat rate. Since total income (₹8,56,511) is under the ₹12,00,000 threshold for FY 2025-26 under the New Tax Regime, the Section 87A rebate fully covers the tax liability.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now