87A tax rebate: The Honourable Bombay High Court said recently, "By way of interim relief, the... Central Board of Direct Taxes is hereby directed to forthwith issue requisite notification under Section 119 of the Act extending the due date for e-filing of the income-tax returns...." This order came against the backdrop of a PIL filed by The Chamber of Tax Consultants regarding denial of 87A tax rebate when filing ITR through the utility despite being eligible.
