Business Today

Section 87A rebate gap: BCCI urges Budget 2026 relief for small taxpayers, investors

Budget 2026 expectations: Small taxpayers often miss out on the tax rebate under Section 87A of the Income Tax Act, 1961, when their total income includes short-term capital gains from equity mutual ...
Indiatimes

Section 87A rebate on capital gains from debt mutual fund: ITAT Chandigarh gives relief to taxpayer and cancels Rs 25,710 tax demand notice from Income Tax Dept

The Income Tax Appellate Tribunal in Chandigarh has ruled that taxpayers can claim the Section 87A tax rebate on long-term capital gains from debt mutual funds. This decision overturns a tax demand of ...
Tax Guru

No Tax Up to ₹12 Lakhs? How Section 87A Makes It Possible (FY 2025-26)

Everyone Says ‘No Tax up to ₹12 Lakhs’ — But Do You Know Why? – The Complete Truth Behind Section 87A (FY 2025-26) The claim of “no tax up to ₹12 lakhs” is true but comes with conditions tied to ...
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