Rs 1.42L STCG on equity but no income tax: Key Highlights | TheBriefWire
Rs 1.42L STCG on equity but no income tax
Published 24 July 2026 ยท local
Synopsis Ever since the Income Tax utility has disabled the option to claim Section 87A tax rebate on short term capital gains (STCG) from listed
Synopsis Ever since the Income Tax utility has disabled the option to claim Section 87A tax rebate on short term capital gains (STCG) from listed equities in 2024, a flurry of taxpayers from across the country were left with either a tax demand or an uncertain thought. Read to know how a taxpayer fought and won 87A case in ITAT Mumbai.
Published: July 24, 2026 โข 10:49 AM IST ยท Updated: July 24, 2026 โข 11:36 AM ISTBy TheBriefWire Editorial Team
Key points
Synopsis Ever since the Income Tax utility has disabled the option to claim Section 87A tax rebate on short term capital gains (STCG) from listed equities in 2024, a flurry of taxpayers from across the country were left with either a tax demand or an uncertain thought.
Read to know how a taxpayer fought and won 87A case in ITAT Mumbai.