Income tax

This query is : Resolved 

19 December 2014 ass.yr.2013-14 we are deduction of rs 2000 u/s 87 is this deduction allow to ass.yr 2014-15.

19 December 2014 Yes ,

Its allowable under this year also i.e., A.Y.2014-2015.

20 December 2014 Yes
Since there is no reversal in finance act 2014 in regarding to rebate under section 87

20 December 2014 yes rebate u/s 87A is available in a y 2014-15


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