Chartered Accountant Abhas Halakhandi, writing on X (formerly known as Twitter) has recently brought attention to a concern regarding the denial of the Section 87A tax rebate to eligible taxpayers.
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Income Tax: Why You Might Not Get Tax Rebate Under Section 87A Even If Your Income Is Below ₹7 Lakh
The Indian government introduced a tax rebate under Section 87A to help people with lower incomes pay less or no tax. This rebate is available under both the old and new tax regimes, but the rules ...
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