ITAT Ruling Sparks Hope for Taxpayers: Section 87A Rebate Now Applicable to STCG for FY 2024-25
A groundbreaking ruling from the Income Tax Appellate Tribunal (ITAT) in Ahmedabad has delivered a potential victory for taxpayers, clarifying that the Section 87A rebate can be claimed on short-term capital gains (STCG) for the financial year 2024-25. This decision directly challenges the tax department’s system, which had been automatically denying these rebates. Here’s a … Read more
