{"id":1260,"date":"2025-02-03","guid":{"rendered":"https:\/\/APNOKACA.com\/blog\/?p=105601"},"modified":"2025-02-03","slug":"big-change-in-taxation-87a-rebate-restricted-to-regular-income-only","status":"publish","type":"post","link":"https:\/\/APNOKACA.com\/blog\/big-change-in-taxation-87a-rebate-restricted-to-regular-income-only","title":{"rendered":"Big Change in Taxation: 87A Rebate Restricted to Regular Income Only"},"content":{"rendered":"\n
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<\/i> Income tax <\/a>

Big Change in Taxation: 87A Rebate Restricted to Regular Income Only <\/h1> <\/div>

One significant change brought about by the recent alteration to Section 87A of the Income Tax Act is the removal of the rebate on special rate incomes, such as short-term and long-term capital gains. The Bombay High Court formerly permitted the refund even for earnings with special rates, but this has now been reversed. Even if their total income is less than ₹7 lakh, taxpayers who make capital gains will now be required to pay tax at certain rates. The changes, their effects, and tax preparation techniques are examined in this blog. <\/p>

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<\/div> Krishna Gopal Varshney <\/a>

An editor at Myitronline<\/p> <\/div>