Bangalore ITAT Clarifies 87A Rebate Available Under New Tax Regime:

Bangalore ITAT Clarifies 87A Rebate Available Under New Tax Regime

Tribunal holds that total income includes capital gains; a rebate cannot be restricted without statutory prohibition.

Section 87A Applies with Reference to Assessee’s Total Income

authorMeetu KumaridateMay 29, 2026
Last update on Jul 23, 2026
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Bangalore ITAT Clarifies 87A Rebate Available Under New Tax Regime

Tribunal holds that total income includes capital gains; a rebate cannot be restricted without statutory prohibition.

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Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
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