https://www.taxtmi.com/caselaws?id=797476 For Assessment Year 2024-25, the section 87A income-tax rebate is available against tax payable on short-term capital gains taxable under section 111A where the taxpayer has opted for the section 115BAC tax regime. This position follows consistent coordinate Tribunal decisions allowing the rebate, with no contrary High Court or Supreme Court ruling identified. The rebate consequently reduces tax computed on such short-term capital gains for eligible taxpayers under the new tax regime. en-us Wed, 12 Aug 2026 00:00:00 +0530 Sat, 22 Aug 2026 10:33:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797476 For Assessment Year 2024-25, the section 87A income-tax rebate is available against tax payable on short-term capital gains taxable under section 111A where the taxpayer has opted for the section 115BAC tax regime. This position follows consistent coordinate Tribunal decisions allowing the rebate, with no contrary High Court or Supreme Court ruling identified. The rebate consequently reduces tax computed on such short-term capital gains for eligible taxpayers under the new tax regime. Case-Laws Income Tax Wed, 12 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797476