CCI Online Coaching    |    x

Newly inserted sec. 87a

This query is : Resolved 

05 March 2013


The newly inserted section 87A gives a tax credit of Rs.2000/- if the total income of the assessee is within the slab of Rs.2 Lacs to Rs.5 Lacs. This total income is to be considered after deductions under ch.VI-A ?

Kindly Help !

Thank You!

CA Suraj Lakhotia (Expert)
06 March 2013

Total income is to be considered after deductions under chapter VI-A

Guest (Expert) 06 March 2013

The meaning of Total Income shall always be considered after chapter VI-A.

You need to be the querist or approved CAclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

× Online Coaching My Enrolled Courses
Articles Forum News Experts Exams Share Files Income Tax Accounts Career Corporate Law Service Tax Video Judgements Rewards Top Members Events Albums Find Friends Featured Feed Scorecard Bookmarks Mock Test Poll Notification Knowledge Finder Coaching Institutes Trainee Corner Jobs
close x