News & Media 25th Sep 2024
Tax rebate under section 87A of the Income-tax Act, 1961 is a benefit that reduces the total income tax liability of an eligible taxpayer. The eligibility criteria are that the taxpayer’s income should be below a set threshold and not having certain types of income.
Against this backdrop, our Partner Dipesh Jain talks to Neelanjit Das from ET Wealth in the latest story “Claimed 87A tax rebate for STCG in your ITR? You may get tax demand notice” .
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