No Income Tax Rebate u/s 87A Despite Income Below Rs 7 Lakh: Key Scenarios Explained

Sachinpro badge , Last updated: 04 September 2024  
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Here's a point-to-point summary of the article about cases where no income tax rebate under Section 87A is allowed, even if the total income is below Rs 7 lakh: 1. No Rebate for LTCG Long-term capital gains (LTCG) from the sale of listed equity shares or equity-oriented mutual funds do not qualify

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Sachin
(Finance Manager)
Category Income Tax   Report

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