Rebate U/s 87A

CA Neil Ganatra , Last updated: 05 June 2014  
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Section 87A of the Income Tax Act, 1961 was introduced in Finance Act, 2013 to give benefit to a large number of people whose net total income is less than Rs. 5,00,000/-. The rebate under this section is available to resident individuals from A.Y. 2014-15. The rebate available is maximum of 1) 100%

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Published by

CA Neil Ganatra
(Partner - Gautam Joshi & Co.)
Category Income Tax   Report

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