Section 87A income tax rebate is not available on these incomes

Section 87A of the Income Tax Act, 1961 allows an income tax rebate of Rs 12,500 (for both old and new tax regime) for FY 2022-23 (AY 2023-24). This tax rebate makes one's income tax liability zero. But certain transactions are taxed at a specific rate and are hence not allowed for section 87A tax rebate.

from Tax-Wealth-Economic Times https://ift.tt/QZGtuyh