I am a resident individual with a total income of Rs 15 lakh for FY26, comprising: Rs 12 lakh from rent and interest income (taxable at normal slab rates), and Rs 3 lakh from long-term capital gains ...
The ITAT Ahmedabad ruled on August 13, 2025, that you can claim Section 87A tax rebate on special rate income such as short-term capital gains (STCG). The ITAT Ahmedabad pointed out that Section 87A, ...
Recent budgets have overhauled debt fund taxation, impacting how conservative hybrid funds are treated. Today's Ask Wallet Wise query decodes how they are taxed and whether a rebate under Section 87A ...
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