22 August 2013
as per calculation I have to pay Rs 1870 tax, but company has not deducted tax, they showed in my taxworking sheet as rebate under section 87a.
while fileing ITR it is showing tax payable. so my question is where i have to show rebate 87A in ITR
22 August 2013
Rebate under section 87A is applicable from Assessment year 2014-15...only!!! . . . So you cannot claim this exemption now(A.Y.2013-14),,company made default in deduction of TDS and you need to pay tax with interest u/s 234A and need to submit return