2026 (7) TMI 409

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....: Smt. Rijula Uniyal (through virtual) ORDER PER DR. MANISH BORAD, ACCOUNTANT MEMBER : The captioned appeal at the instance of assessee pertaining to A.Y. 2024-25 is directed against the order dated 17.02.2026 framed by Addl/JCIT(A)-3, Hyderabad arising out of Rectification Order dated 18.11.2025 passed u/s. 154 of the Income Tax Act, 1961 (in short 'the Act'). 2. The only grievance of....

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....e challenged this action before ld.CIT(A) but failed to succeed. 4. Before us, assessee has himself represented the case and has referred to the decision of Coordinate Bench, Ahmedabad in the case of Jayshreeben Jayantibhai Palsana v. ITO in ITA No.1014/Ahd/2025 order dated 12.08.2025 pertaining to A.Y. 2024-25 wherein it has been held that claim of rebate u/s. 87A of the Act is allowable on th....

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....his Chapter), in accordance with and subject to the provisions of [[[sections 87A, ^7[***, ] and 88E]]], the deductions specified in those sections. (2) The aggregate amount of the deductions under "[section 87A [***] or section 88E] shall not, in any case, exceed the amount of income-tax (as computed before allowing the deductions under this Chapter) on the total income of the assessee w....

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....e shall be entitled to a deduction, from the amount of income-tax (as computed before allowing for the deductions under this Chapter) on his total income with which he is chargeable for any assessment year, of an amount equal to one hundred per cent, of such income-tax or an amount of [twenty-five thousand rupees), whichever is less; (b) exceeds [seven hundred thousand rupees] and the inc....