Income Tax Department Issues Notices Over Section 87A Rebate Claims on Capital Gains

Last updated: 28 February 2025

The Income Tax Department has started issuing demand notices to taxpayers who claimed a rebate under Section 87A on short-term capital gains (STCG) in their Income Tax Returns (ITRs). This move follows a July 5 modification in the ITR utility, which stopped taxpayers from availing rebates on special

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Category Income Tax   Report

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