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<\/i> Income tax <\/a> Income Tax Department Update: Revised ITR Forms to Enable the 87A Tax Rebate for FY 2023â€“2024 <\/h1> <\/div>
An amendment from the Income Tax Department permits taxpayers to file amended or late ITRs in order to receive the 87A tax refund for FY 2023â€“2024. This action, which complies with an order from the Bombay High Court, provides relief to qualifying taxpayers who make â‚¹5,00,000 or less a year. The distinctions between the rebate limitations under the previous and current tax regimes are also highlighted in the update. Discover how to make your rebate claim and make sure you're in compliance with this updated framework. <\/p>
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<\/div> Krishna Gopal Varshney <\/a>
An editor at Myitronline<\/p> <\/div>

Jan 15, 2025<\/li>
5 min read<\/li>
<\/i> <\/a> 0 <\/li>
<\/i>0 Views<\/li> <\/ul>
#Updates to ITR forms<\/a> <\/li>
# 87A tax refund<\/a> <\/li>
# income tax for FY 2023â€“2024<\/a> <\/li>
# updated ITR filing<\/a> <\/li>
# Income Tax Department<\/a> <\/li>
# old versus new tax regime<\/a> <\/li>
# 87A rebate claim <\/a> <\/li>
#Apnokaca<\/a> <\/li> <\/ul> <\/div> <\/div>

An amendment from the Income Tax Department permits taxpayers to file amended or late ITRs in order to receive the 87A tax refund for FY 2023â€“2024. This action, which complies with an order from the Bombay High Court, provides relief to qualifying taxpayers who make â‚¹5,00,000 or less a year. The distinctions between the rebate limitations under the previous and current tax regimes are also highlighted in the update. Discover how to make your rebate claim and make sure you're in compliance with this updated framework.

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Krishna Gopal Varshney <\/a><\/h4> An editor at Myitronlinenews<\/small> <\/div> View Articles<\/a> <\/div>
Krishna Gopal Varshney, Founder & CEO of Myitronline Global Services Private Limited at Delhi. A dedicated and tireless Expert Service Provider for the clients seeking tax filing assistance and all other essential requirements associated with Business\/Professional establishment. Connect to us and let us give the Best Support to make you a Success. Visit our website for latest Business News and IT Updates. <\/p> <\/div> <\/div>

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