87A Rebate: When the Computer Said “No”, Nagpur ITAT Said “Yes”   Nagpur ITAT allows rebate on special-rate income for AY 2024-25; but was this litigation really necessary? Imagine a taxpayer with a total income of less than ₹7 lakh. The law says such a taxpayer, if covered by the new tax regime, can get…

The post 87A Rebate: When the Computer Said “No”, Nagpur ITAT Said “Yes” appeared first on The Tax Talk.

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