AAR - Section 157 rebate
Facts
Applicant sought scope of Section 157 (formerly 87A) rebate under IT Act 2025.
Issue
Application of rebate to taxpayers with mixed income.
Held
Section 157 rebate is computed on total tax payable; special-rate income forms part of the computation unless explicitly excluded by sub-sections. Total-income threshold (₹12 lakh under new regime, ₹5 lakh under old) is the eligibility gate.
Ratio
Rebate is mechanical given total income; threshold drives eligibility.
Use via API
Free, public REST. Fetch this judgment programmatically.
curl https://api.thynktax.com/v1/tax-law/case-laws?q=AAR%20-%20Section%20157%20rebate