Tag Archives: Bengaluru

Section 87A rebate is available against tax on short-term capital gains under section 111A.

By | July 16, 2026

Section 87A rebate is available against tax on short-term capital gains under section 111A. Issue Whether a resident individual governed by the default tax regime under section 115BAC(1A) is entitled to a tax rebate under section 87A against the tax payable on short-term capital gains chargeable under section 111A, provided their total income does not… Read More »