One the critical aspects of this has been Section 87A of the Income Tax Act,1961. What exactly is section 87A? This section of the Income Tax Act allows taxpayers to reap the benefits of the ...

Income Tax Alert: The last date to file a revised income tax return (ITR) is on Wednesday, January 15, and this will eventually be the deadline for claiming tax rebates under section 87A.

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The department stated that the updated utilities for ITR forms 2 and 3, including the option to claim the Section 87A rebate, would be made available shortly. However, it’s important to note that ...

With updates to ITR forms underway, eligible taxpayers can claim Section 87A rebates through revised filings by the extended deadline of January 15, 2025. Listen to Story Income Tax department allows ...

Income Tax Return Filing: The income tax department is now allowing eligible taxpayers to claim tax rebates under its section 87A for the financial year 2023-24. The decision comes after the ...

The Income Tax Department has introduced significant relief for taxpayers eligible for the Section 87A rebate for FY 2023-24 who were previously unable to claim it. Announced late on December 31 ...

The Income-Tax (I-T) Department is allowing taxpayers who qualify for the section 87A tax rebate for FY24 to now claim it in the updated Income-Tax Return (ITR) forms — ITR-2 and ITR-3 ...

ITR filing: The Income Tax Department has provided a significant update by allowing taxpayers who qualify for the section 87A tax rebate for the financial year 2023-24 to claim it now. In a ...

The Income Tax Department has announced good news for taxpayers who are eligible to claim section 87A tax rebate for FY 2023-24 but were unable to claim it. The tax department has announced this ...