At present, small tax-payers with special rate income such as short-term capital gains are unable to claim the rebate under ...
Eligible taxpayers who have income up to Rs 5 lakh/7 lakh can claim tax rebate under section 87A up to Rs 12,500/25,000. The ...
It is important to note that eligible taxpayers who were previously unable to claim the Section 87A tax rebate can now do so ...
The Income Tax Department has released revised Excel utilities for ITR Forms 2 and 3. Additionally, the department has ...
The ITR filing utilites for ITR-2 and ITR-3 has been updated on January 4, 2025 however, the JSON schema is not yet updated ...
Following the Bombay High Court order to extend the revised and belated income tax return (ITR) deadline to January 15, 2025, ...
The Income Tax Department is allowing eligible taxpayers to claim the section 87A tax rebate in updated ITR forms. This ...
Taxpayers should note that these changes will only be implemented on the back end for the ITR-2 and ITR-3 forms.
The decision follows a recent order from the Bombay High Court, which directed the CBDT to extend the deadline for filing ...
The Income Tax Department is allowing eligible taxpayers to claim the section 87A tax rebate in updated ITR forms. This follows a Bombay High Court directive to extend the deadline for revised or ...
87A in case of incomes such as capital gains liable to tax at ... CBDT directed to grant extension for ITR filing till ...