Tax Rebate U S 87a For Ay 2024 25. No tax rebate is being given if you have sold mutual fund or shares and earned short term capital gains. If your total income does not exceed rs 7 lakh under the new tax regime or rs 5 lakh under the old tax regime, you can claim the rebate.
It allows you to claim the refund if your yearly income does not exceed rs. According to your article, tax rabate under section 87 a is available to individual, huf, association of person (aop), boi & artificial jurisdictional person who opting for the new.
Tax Rebate U S 87a For Ay 2024 25 Images References :
