Rebate u/s 88E Only Applies to Income from Taxable Securities Transactions, Not Other Income Types.

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....Rebate u/s 88E - Rebate in respect of STT payment - rebate is admissible to the assessee only in respect of the income of an assessee in a previous year, chargeable under the head “Profits and gains of business or profession”, arising from taxable securities transactions - no ambiguity in restricting the rebate and not allowing for other income....