Sir
IF INCOME EXCEEDS 5 LACS DUE TO INCLUSION OF AGRICULTURAL INCOME,CAN I TAKE REBATE U/S 87A of Rs 2000/-?
Kindly please reply
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Rebate of rs 2000 sec 87a
Replies (1)
Agriculture income will not form part of total income i.e.it is exempted income.So if our total income do not exceeds Rs.500000/- in case of individual and huf then rebate u/s 87A is applicable.
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