Section 87A of the Income Tax Act has undergone significant interpretation and procedural changes, particularly concerning its applicability to special-rate incomes under the old and new tax regimes. A recent update in tax filing software led to the denial of rebate claims, sparking legal challenges and a consequential High Court ruling. While an amendment in the 2025 Budget has clarified future applicability, uncertainty remains for the financial year 2024-25. This article explores the evolving stance on rebate eligibility, the court’s intervention, and what taxpayers need to consider while filing returns.
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