CBDT Waives Interest for Taxpayers Affected by Incorrect 87A Rebate under Section 115BAC

Last updated: 23 September 2025


The Central Board of Direct Taxes (CBDT) has issued Circular No. 13/2025 dated September 19, 2025, granting relief to taxpayers affected by additional demands raised due to rectifications in income tax returns. The issue arises under section 115BAC(1A) of the Income-tax Act, 1961, which governs the

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