87a of income tax
This query is : Resolved
Balmeeki Prasad Singh
(Querist)
27 January 2014
sir
1. for purpose of 87A what is total income ?
(a) imcome before allowing deduction of chapter VI. or (b)imcome after allowing deduction of chapter VI.
2. does rebate of Rs.2000 is available after calculaton of toal tax (Tax+ Education Cess)or available after calculaton of tax (Tax only) and after then add the education cess.
1. for purpose of 87A what is total income ?
(a) imcome before allowing deduction of chapter VI. or (b)imcome after allowing deduction of chapter VI.
2. does rebate of Rs.2000 is available after calculaton of toal tax (Tax+ Education Cess)or available after calculaton of tax (Tax only) and after then add the education cess.
Aditya Maheshwari
(Expert)
27 January 2014
Income after allowing deduction of chapter VIA i. e. Net taxable income
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