Incometax
This query is : Resolved
26 April 2014
FOR CALCULATING RELIFE UNDER 89(1) FOR ARREARS OF SALARY CAN BENEFIT OF NEW SECTION 87(2) IS AVAILABLE
26 April 2014
yes alowed as there is no restriction for 89.
Rupesh Jain
(Expert)
01 May 2014
yes you can take benefit of 87A if your taxable income no more than Rs. 5,00,000/-
and 87(2)
says about the rebate/deduction not exceeds from the income.
and 87(2)
says about the rebate/deduction not exceeds from the income.
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