ITAT Directs Grant of Full Section 87A Rebate, Rejects CPC's Restricted Computation:

ITAT Directs Grant of Full Section 87A Rebate, Rejects CPC's Restricted Computation

ITAT allowed the full Section 87A rebate on Section 111A STCG under the new tax regime for AY 2024–25 where total income does not exceed Rs 7 lakh.

ITAT Allows Full Section 87A Rebate on STCG

authorVanshika vermadateJul 15, 2026
Last update on Jul 14, 2026
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ITAT Directs Grant of Full Section 87A Rebate, Rejects CPC's Restricted Computation

ITAT allowed the full Section 87A rebate on Section 111A STCG under the new tax regime for AY 2024–25 where total income does not exceed Rs 7 lakh.

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Vanshika verma

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Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Studycafe
Delhi, Delhi, India
1984
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