ITAT Rules in Favor of Taxpayers: Section 87A Rebate Applies to STCG
A new precedent for Indian taxpayers In a significant ruling, the Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has provided clarity on a long-standing tax dispute. The ITAT has ruled that taxpayers who choose the new tax regime can claim the Section 87A rebate on short-term capital gains (STCG) from the sale of … Read more
