
Experts have highlighted that individuals cannot claim a tax rebate under Section 87A on short-term capital gains from equities, despite being eligible. This clarification comes as the income tax filing deadline approaches, prompting guidance for non-resident Indians (NRIs) on how to file their Income Tax Returns (ITR). The income tax portal has reiterated that short-term capital gains are not eligible for tax rebates. Additionally, taxpayers can now file their ITR using WhatsApp, with several guides available detailing the step-by-step process for this new method.
ITR Filing 2024: How to file income tax return via WhatsApp - Step-by-step guide https://t.co/BLJBoJY0NA
Income tax return: Now file your ITR using WhatsApp. Follow these simple steps https://t.co/aPHKLI5Rld
#ICYMI | The income-tax portal states that short-term capital gains are not eligible for tax rebates. @KhyatiDharamsi brings you more details ๐ https://t.co/QeGOdSpi6U #MCPersonalFinance #IncomeTax https://t.co/MV1mG3d42G


