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Informative
Income Tax Department Issues Notices Over Section 87A Rebate Claims on Capital Gains
Update / Judgement Date
28 Feb 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Corporate ComplianceIncome Tax
The Income Tax Department issued notices over Section 87A rebate claims on capital gains. This action highlights the department's efforts to ensure accurate tax filings. It underscores the importance of proper tax calculations. This move reflects the department's commitment to preventing tax evasion. It emphasizes the need for thorough audits. The notices aim to ensure compliance and recover revenue.
