As this is a new section iam little bit confused whther the rebate of Rs. 2000 is desucted after education cess or prior to that??....i surfed a lot of pages but all giving contradictory answers...
18 February 2014
Rebate of Rs 2000 u/s 87A is available to an assessee, being an individual resident in India, whose total income does not exceed Rs. 500,000.
This rebate is from total tax liability including cess.
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