ITAT Delhi has ruled taxpayers can claim the full ₹25,000 Section 87A rebate against STCG tax under Section 111A for AY 2025-26, as the Finance Act 2025 restriction on special-rate income applies only from AY 2026-27 onwards.
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Section 87A rebate on STCG: ITAT ruling offers relief to taxpayers under new tax regime for AY 2025-26
ITAT Delhi has ruled taxpayers can claim the full ₹25,000 Section 87A rebate against STCG tax under Section 111A for AY 2025-26, as the Finance Act 2025 restriction on special-rate income applies only from AY 2026-27 onwards.
Key Highlights
- ITAT Delhi has ruled taxpayers can claim the full ₹25,000 Section 87A rebate against STCG tax under Section 111A for AY 2025-26, as the Finance Act 2025 restriction on special-rate income applies only from AY 2026-27 onwards.
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- ₹ 25,000 rebate on eligible STCG for AY 2025-26, offering relief to taxpayers under the new tax regime.
- (AI-generated image for representational purposes only.) " width="600" height="338" fetchpriority="high" loading="eager"> Section 87A rebate: Delhi ITAT allows a full ₹25,000 rebate on eligible STCG for AY 2025-26, offering relief to taxpayers under the new tax regime.
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