HC pulls up I-T dept for software: Taxpayers can now claim 87A tax rebate
Bombay High Court finds Income Tax Department's restriction on rebate claims for certain income types to be unfair and ...
Taxpayers can now claim 87A tax rebate on special income as ITR utility software has been fixed; but it's subject to disputes and litigations
The 67 page Bombay High Court judgement says yes taxpayers should be given the option to file their ITR with Section 87A ...
Bar & Bench4d
Bombay High Court clears path for taxpayers to claim Section 87A rebate
The Bombay High Court on Friday cleared the path for eligible taxpayers to claim the rebate under Section 87A of the Income ...
Bombay HC Paves Way For Eligible Taxpayers To Claim Section 87A Rebate For 2024-25 And Beyond
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 ...
The Financial Express10h
Personal Taxation in Budget 2025: Our top 10 predictions
In this write-up, we present our predictions for Budget 2025 — offering practical insights into what taxpayers can truly ...
rediff.com23h
Budget: 25% I-T Slab, Higher Rebate Likely
If our Budget allows, we may implement both measures -- making income up to Rs 10 lakh tax-free and introducing a 25 per cent ...
HC: I-T filing system shouldn’t hinder taxpayers’ rebate claims
MUMBAI: Scores of taxpayers, including the salaried, who were unable to claim an income-tax (I-T) rebate in their tax returns ...
Budget 2025: What are senior citizens expecting from FM Nirmala Sitharaman this time?
Senior citizens are eagerly awaiting the announcement of tax concessions in the Union Budget 2025. The elderly population is ...
The income tax benefits to expect from Union Budget 2025
As Finance Minister Nirmala Sitharaman prepares to present the Union Budget for 2025-26 on February 1, the middle class is ...
Tax relief, more jobs: What the common Indian expects from Union Budget 2025
Union Finance Minister Nirmala Sitharaman will present her eighth straight budget on Saturday. From tax relief and job ...
Income tax calculator: Find out which tax regime suits you better — New or Old
It is recommended to use the income tax calculator that computes the tax under both the regimes (old and new) before you can choose the one that leads to a lower tax outgo ...