ITAT Mumbai has allowed a taxpayer to claim the Section 87A rebate on tax payable on short-term capital gains for AY 2024-25. The ruling clarifies that the rebate cannot be denied for STCG when the law applicable for that year did not specifically restrict such benefit.
ITAT Mumbai has allowed a taxpayer to claim the Section 87A rebate on tax payable on short-term capital gains for AY 2024-25. The ruling clarifies that the rebate cannot be denied for STCG when the law applicable for that year did not specifically restrict such benefit. by Soban News (international And National News)
