https://www.taxtmi.com/caselaws?id=798209 Rebate under section 87A is available against tax computed on short-term capital gains taxable under section 111A where the taxpayer has opted for the section 115BAC tax regime for Assessment Year 2024-25. The position follows consistent coordinate Tribunal decisions allowing the rebate in such circumstances, with no contrary jurisdictional High Court or Supreme Court ruling identified. The rebate therefore reduces tax liability arising from the specified short-term capital gains, subject to the applicable statutory conditions. en-us Mon, 31 Aug 2026 00:00:00 +0530 Thu, 03 Sep 2026 08:20:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798209 Rebate under section 87A is available against tax computed on short-term capital gains taxable under section 111A where the taxpayer has opted for the section 115BAC tax regime for Assessment Year 2024-25. The position follows consistent coordinate Tribunal decisions allowing the rebate in such circumstances, with no contrary jurisdictional High Court or Supreme Court ruling identified. The rebate therefore reduces tax liability arising from the specified short-term capital gains, subject to the applicable statutory conditions. Case-Laws Income Tax Mon, 31 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798209