REBATE UNDER SECTION 54 FOR SHORT TERM CAPITAL GAIN

Save Share

This query is : Resolved

Quick Summary

This discussion clarifies that a rebate under Section 54 is generally not available for short-term capital gains for the financial year 2024-25 (AY 2025-26). However, if your short-term capital gain is taxed under Section 112 at slab rates, it may be eligible for a rebate under Section 87A.

sachin Alwadhi

sachin Alwadhi (Querist)
Follow

04 February 2025 HI

UNDER SECTION 54 ANY REBATE AVAILABLE FOR SHORT TERM CAPITAL GAIN FOR AY 2025-26
FY 2024-25?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

04 February 2025 No.

Message likes : 1 times

sachin Alwadhi

sachin Alwadhi (Querist)
Follow

05 February 2025 Any way to save short term capital gain?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

05 February 2025 Sorry to state no option available as of now. But if short term gain is u/s. 112, it is eligible for Sec. 87A rebate, as it is taxed at slab rate.

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