Income Tax Rebate: "The updated utilities for ITR forms 2 and 3 giving effect to the Circular No. 21 dated 31st December 2024 ...
The Central Board of Direct Taxes (CBDT) has extended the deadline for filing belated and revised Income Tax Returns (ITRs) ...
The CBDT has extended the deadline for filing income tax returns for residents to January 15, 2025, from December 31, 2024, ...
The Income Tax Department has extended the revised and belated income tax return (ITR) filing deadline to January 15, 2025 ...
1. Hon’ble Bombay High Court vide interim order dated 20/12/2024 directed CBDT to issue the requisite notification and extend the deadline for the revised and belated ITR filing date till 15/01/2025.
The decision follows a recent order from the Bombay High Court, which directed the CBDT to extend the deadline for filing ...
The Bombay High Court has asked the Central Board of Direct Taxes (CBDT) to extend the deadline for filing revised and ...
In the present case, Assessee is entitled to file a revised return computing rebate under section 87A, which would enable ...
then that amount will be the rebate under section 87A. This rebate is applied to the total tax before adding the education cess of 4% Following are a few examples of the 87A rebate allowed to ...
The Bombay High Court has granted tax relief to taxpayers unable to claim rebates due to software changes in the income tax ...
"This extension is to ensure that all taxpayers are eligible for the rebate under Section 87A.", the court said.
Rebate under 87A is a very useful section of the income tax law in India. Knowing about it can help you save on your taxes. Never hesitate to learn To understand the basics of the income tax law ...