https://www.taxtmi.com/caselaws?id=795993 For Assessment Year 2024-25, section 87A is described as allowing a resident individual under section 115BAC(1A) to claim rebate against income-tax on total income, including short-term capital gains taxed at the special rate under section 111A, where the prescribed total-income condition is met. The analysis notes that neither section 87A nor section 111A expressly excludes such gains from the rebate calculation. It contrasts the express restriction for long-term capital gains under section 112A and treats the later prospective restriction as confirming that no equivalent limitation applied for the relevant year. en-us Mon, 13 Jul 2026 00:00:00 +0530 Thu, 30 Jul 2026 08:52:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795993 For Assessment Year 2024-25, section 87A is described as allowing a resident individual under section 115BAC(1A) to claim rebate against income-tax on total income, including short-term capital gains taxed at the special rate under section 111A, where the prescribed total-income condition is met. The analysis notes that neither section 87A nor section 111A expressly excludes such gains from the rebate calculation. It contrasts the express restriction for long-term capital gains under section 112A and treats the later prospective restriction as confirming that no equivalent limitation applied for the relevant year. Case-Laws Income Tax Mon, 13 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795993