Wait until I-T portal glitch is resolved before revising returns, CAs tell tax-payers
At present, small tax-payers with special rate income such as short-term capital gains are unable to claim the rebate under section 87A, even if their income is below the basic exemption limit, as the ...
newsbytesapp.com13 小时
Throwing light on income tax rebate under Section 87A
The quantum of maximum rebate under Section 87A is ₹12,500. So, in case the total tax before cess is less than ₹12,500 for an ...
Good news for taxpayers: ITR forms updated to allow 87A tax rebate claims, but there's a catch
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 ...
Income Tax dept updates ITR Forms 2 and 3 for claiming 87A tax rebate
It is important to note that eligible taxpayers who were previously unable to claim the Section 87A tax rebate can now do so ...
ITR FY2023-24: I-T dept updates ITR forms to claim 87A rebates; check steps how to go about ...
The Income Tax Department has released revised Excel utilities for ITR Forms 2 and 3. Additionally, the department has ...
cnbctv181 天
ITR filing for FY23-24: How to claim section 87A rebate now with updated forms
To claim the Section 87A rebate, taxpayers must manually update the tax rebate column in the ITR Excel utility. After editing ...
No Section 87A tax rebate despite ITR filing forms being updated recently: How to claim ...
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 ...
Budget 2025: Compare Income Tax in Old vs. New Tax Regime, What Rate Cuts Are Expected?
The countdown for the union budget has officially begun as we enter the new year. As Finance Minister Nirmala Sitaraman will ...
Budget 2025: Income Tax Cut Likely; Know Current Rates, Slabs Under New Tax Regime Vs Old ...
Choosing between the New and Old Tax Regime depends on an individual’s financial profile. The New Tax Regime is more suitable ...