No tax rebate under Section 87A on short-term capital gains, taxpayers asked to clear dues by Dec: CBDT
New Delhi, Sep 23 (IANS) The Central Board of Direct Taxes (CBDT) has once again clarified that taxpayers cannot claim tax rebate under Section 87A of the Income Tax Act on income that is taxed at special rates, such as short-term capital gains (STCG).