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No Section 87A tax rebate despite ITR filing forms being updated recently: How to claim Section 87A tax rebate with deadline ending on January 15, 2025

The Income Tax Department updated the income tax return forms for ITR-2 and ITR-3 on January 4, 2025. The ITR forms have been updated to allow the taxpayers to claim Section 87A tax rebate on ...
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87A and STCG: Will recent ITAT ruling on Section 87A allow taxpayer to claim 87A rebate on Short term capital gains while filing ITR?

The ITAT Ahmedabad ruled on August 13, 2025, that you can claim Section 87A tax rebate on special rate income such as short-term capital gains (STCG). The ITAT Ahmedabad pointed out that Section 87A, ...
Business Today

Tax computation: Does Section 87A apply if my income is Rs 12 lakh, but total income exceeds the limit?

I am a resident individual with a total income of Rs 15 lakh for FY26, comprising: Rs 12 lakh from rent and interest income (taxable at normal slab rates), and Rs 3 lakh from long-term capital gains ...
moneycontrol.com

Taxation of conservative hybrid funds in FY2025-26: Are they eligible for Section 87A rebate?

Recent budgets have overhauled debt fund taxation, impacting how conservative hybrid funds are treated. Today's Ask Wallet Wise query decodes how they are taxed and whether a rebate under Section 87A ...