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Question ID : 21408

87A rebate on long term capital gain on sale of land

We have filed a return for F.Y.2023-2024 by claiming Rs.25000 87A on long term income capital gain on sale of land Rs.298000 in addition to regular income of Rs.360000. . But 87A not allowed on capital gain. Even after filing revised return the position is same. What action to be taken

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Posted by CA ATUL TOSHNIWAL on Feb 25, 2025
Filed Under DIRECT TAXES

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