Capital Gains Rebate for FY25: A Deep Dive into the Ahmedabad ITAT Ruling and Compliance Risks
An important update for Indian taxpayers: A wealth advisor is suggesting that the Section 87A rebate on capital gains from mutual funds might still be available for FY25. This controversial position is based on a recent ruling from the Ahmedabad ITAT, which argues that the law explicitly barring this rebate on special-rate incomes only takes … Read more