Case Law Details
Case Name : Venkatachalam Venkatraman Vs ITO (ITAT Chennai)
Related Assessment Year : 2024-25
Courts :
All ITAT ITAT Chennai
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Venkatachalam Venkatraman Vs ITO (ITAT Chennai)
The assessee appealed against the order dated 27.03.2025 passed by the CIT(A), Udaipur, for Assessment Year 2024-25, challenging the denial of rebate of Rs.12,500 under Section 87A of the Income Tax Act. The assessee argued that the rebate was claimed because total income did not exceed Rs.5 lakhs and that Section 87A does not exclude long-term capital gains (LTCG) from the computation of total income. It was submitted that total income, as defined under Section 2(45), includes all heads of income, and therefore the assessee’s total income of R...
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Author Bio
Could you please share a copy of the judgement in Rajiv G Shah’s case WP No 3193 of 2022