Capital Gain Rebate 87A

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Sachin Kumar (Querist)
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31 July 2024 I had HP, other sources and CG income..... STCG 111A taxable@15%...system is allowing to take rebate of ₹25000 but this is wrong as rebate is not applicable on STCG 111A.... should I take 87A rebate to reduce tax liability from 45000 to 20000 , when intimation comes later I will pay tax...

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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31 July 2024
Yes, in case of demand you can pay later.

Sachin Kumar

Sachin Kumar (Querist)
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31 July 2024 Sir, I am filing ITR through one software , I can manually take rebate 87A in that software , if i manually take it , i will get rebate but practically this is wrong !

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Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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31 July 2024 In that case better go without it.