87A rebate will fail to make your tax nil despite income below Rs 12 lakh in these cases, Budget 2025

You will end up paying income tax despite income under Rs 12 lakh if it includes special rate incomes as 87A rebate will not ...
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No Section 87A tax rebate despite ITR filing forms being updated recently: How to claim Section 87A tax rebate with deadline ending on January 15, 2025

The Income Tax Department updated the income tax return forms for ITR-2 and ITR-3 on January 4, 2025. The ITR forms have been updated to allow the taxpayers to claim Section 87A tax rebate on ...