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Taxpayers, CAs File Appeals Against IT Notices Over Section 87A Rebate Claims

Last updated: 05 April 2025


The long-standing confusion surrounding Section 87A rebate claims has reared its head again. Despite revising their income tax returns (ITRs) in January 2025 as per the Bombay High Court's directive, numerous taxpayers-primarily those with total incomes below Rs 7 lakh-are now being served demand no
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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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