https://www.taxtmi.com/caselaws?id=792748 For Assessment Year 2024-25, section 87A rebate is stated to remain available to a resident individual assessed under section 115BAC(1A) where total income does not exceed Rs. 7,00,000, even if part of the income is short-term capital gains taxed under section 111A. The text notes that the provision contains no express exclusion for special-rate income, and that the subject-to clause in section 115BAC(1A) and a later proposed amendment do not override the plain wording of the unamended law. On that basis, denial of rebate on a system-driven basis was treated as unsupported by statute. en-us Fri, 08 May 2026 00:00:00 +0530 Tue, 02 Jun 2026 14:19:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792748 For Assessment Year 2024-25, section 87A rebate is stated to remain available to a resident individual assessed under section 115BAC(1A) where total income does not exceed Rs. 7,00,000, even if part of the income is short-term capital gains taxed under section 111A. The text notes that the provision contains no express exclusion for special-rate income, and that the subject-to clause in section 115BAC(1A) and a later proposed amendment do not override the plain wording of the unamended law. On that basis, denial of rebate on a system-driven basis was treated as unsupported by statute. Case-Laws Income Tax Fri, 08 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792748