The 67 page Bombay High Court judgement says yes taxpayers should be given the option to file their ITR with Section 87A ...

Experts demand 87A tax rebate increase, accessible home loans, income tax slabs linked with inflation and others from the FM.

The Income Tax department has released Excel utilities in two major forms ITR2 and ITR3 for enabling taxpayers to claim the ...

The Bombay High Court on Friday cleared the path for eligible taxpayers to claim the rebate under Section 87A of the Income ...

What exactly is section 87A? This section of the Income Tax Act allows taxpayers to reap the benefits of the rebate system. A ...

It is also the last chance for other individual tax-payers who may have missed filing their returns by July 31, or spotted ...

MUMBAI: Scores of taxpayers, including the salaried, who were unable to claim an income-tax (I-T) rebate in their tax returns ...

Experts recommend clarifying that the rebate should apply to both normal and special income, with exceptions for certain ...

What is the difference between revised and belated ITR? Revised ITR can be filed by a taxpayer who has filed his/her original ...

On July 5, 2024, updates to the online utility for filing income tax returns blocked eligible individuals from claiming the Section 87A rebate. This provision allows individuals earning up to Rs 7 ...

Rebate under 87A is a very useful section of the income tax law in India. Knowing about it can help you save on your taxes. Never hesitate to learn To understand the basics of the income tax law ...

The clock is ticking for late ITR filing! Avoid penalties by filing your return now. Here's everything you need to know about ...