Introduction: Section 87A Tax Rebate and CBDT’s Latest Circular The Central Board of Direct Taxes (CBDT) has addressed a long-standing issue faced by taxpayers who claimed the Section 87A tax rebate on incomes taxable at special rates, such as short-term capital gains (STCG) on equities. Through Circular No. 13/2025, the CBDT clarified its stance and […]