87A rebate eligibility

if taxable income is less than 5 lacs but it has some STCG on shares am I eligible for rebate u/s 87A
Replies (2)
Quick Summary
If your taxable income is below 5 lacs but includes Short Term Capital Gains (STCG) from shares, you may still be eligible for the rebate under Section 87A. The calculation of STCG at 15% under Section 111 is considered. Your total income, encompassing all heads, is used to determine eligibility for the 87A rebate.

Yes you can eligible after calculating Short term capital gain @ 15% u/s 111
Total income includes total under all heads for the purpose of 87A.

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