Income Tax Portal Update Denies Rebate for Short-Term Capital Gains

Last updated: 20 July 2024 Follow on Google News

Overview of the Issue After a recent update to the tax-filing utility on the income tax portal this month, many taxpayers are facing the unexpected issue of being denied a valid rebate of up to Rs 25,000 under the new tax regime. This problem specifically affects those who have booked short-term ca

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CCI News Desk

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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