Income Tax Department to Update ITR Forms for Section 87A Tax Rebate Claims for FY 2023-24

Last updated: 03 January 2025


The Income Tax Department has announced a major relief for resident individuals eligible to claim the Section 87A tax rebate for FY 2023-24 but were unable to do so earlier. In a late-night update on December 31, 2024, the department stated that eligible taxpayers would soon be allowed to file a rev
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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