Rebate Under Sec 87a For Ay 2025 24

Rebate Under Sec 87a For Ay 2025 24. Rebate under Sec 87A on basic Tax PY 202223 AY 202324 June 2023 & Dec 2023 Exam Budget 2025 provides Marginal Relief in specific instances. Conclusion: Rebate under section 87A for AY 2025-26

Section 87a Of Tax Act Ay 202425 Elsie Idaline
Section 87a Of Tax Act Ay 202425 Elsie Idaline from nancyqmathilda.pages.dev

Rebate u/s 87A for FY 2024-25 (AY 2025-26) The rebate under Section 87A is available to individual taxpayers whose income does not exceed the specified threshold. The due date to file an original ITR for FY 2023-24 (AY 2024-25) was July 31, 2025

Section 87a Of Tax Act Ay 202425 Elsie Idaline

Conclusion: Rebate under section 87A for AY 2025-26 For FY: 2024-25 it is ₹12,500 under Old Regime and ₹25,000 under New Regime For FY 2024-25 and AY 2025-26, the higher threshold under the new tax regime makes it especially attractive for those with taxable incomes up to ₹7,00,000.

Section 87a Of Tax Act Ay 202425 Elsie Idaline. The due date to file an original ITR for FY 2023-24 (AY 2024-25) was July 31, 2025 FY 2023-24: AY 2024-25: 5,00,000 (OTR) 7,00,000 (NTR) 12,500 (OTR) 25,000 (NTR) OTR & NTR: FY 2024-25:

NO REBATE UNDER SECTION 87A AVAILABLE OF 7 LAC FOR AY 202324 FY 202223 CA MANOJ GUPTA. However the rebate u/s 87A under New tax regime is applicable for Normal income but. Rebate u/s 87A for FY 2024-25 (AY 2025-26) The rebate under Section 87A is available to individual taxpayers whose income does not exceed the specified threshold.