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Income tax · rebate

Section 87A is the rebate

Section 87A is the rebate in the filing table when taxable income is within the limit for that regime. The office is at 515 Trichy Road, Singanallur.

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Quick answer

This page is the section 87A rebate. The slab choice stays on the slabs page. The comparison stays on the income-tax filing page. Do not send the income-tax password in chat. Call +91 94454 38387.

What the filing table states

For AY 2026-27 the new regime is the default under section 115BAC. On that regime the rebate applies if taxable income is up to ₹12,00,000. With the ₹75,000 standard deduction, salary up to ₹12.75 lakh is generally within that rebate. A resident is the person named in that filing answer.

On the old regime the same table states a full tax rebate up to ₹5,00,000 of taxable income. HRA, 80C, 80D, and home-loan interest stay on the filing page. This page does not state those limits, and it does not state the slab bands.

What it is not

The slabs page explains the choice and does not freeze slab rupees. The calculator is an estimate, on the income tax calculator. A salary return that stays inside ITR-1 is on the ITR-1 page.

Before the return is filed

  1. Send Form 16 and say which regime you want compared.
  2. The desk compares both on that year’s figures. The comparison is a draft.
  3. You choose before the return is filed, and you approve the draft. Filing stays on the income-tax filing page.
  4. You complete e-verification yourself. That step is on the e-verification page.

After the return is filed, e-verify within 30 days. The return is quoted before it is filed. The first discussion is free.

Common questions

Is ₹12,00,000 the old-regime rebate?

No. That figure is the new-regime taxable-income limit in the filing table. The old-regime rebate in that table is up to ₹5,00,000 of taxable income.

Where does the ₹12.75 lakh figure come from?

The filing table says that with the ₹75,000 standard deduction, salary up to ₹12.75 lakh is generally within the new-regime rebate.

Does the desk choose the regime without me?

No. You choose before the return is filed. You approve the draft. Do not send the income-tax password.

Related pages

Tax slabsOld regime or new regime Income tax filingThe table this page uses CalculatorAn estimate ITR-1Salary and one house

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