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Rebate 2000 rs

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(Querist)
19 March 2014 i want 2 know abt rs. 2000 rebate on income tax.. nd wht will b d effct of tds to employee whose income is rs. 220000..?? guide me
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CA Parul Saxena

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CA Parul Saxena (Expert)
19 March 2014 Gross total Income..............220000
Tax (220000-200000)10%................2000
Less:-Rebate u/s 87a..................2000
Tax liability.........................Nil
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CA Deven

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CA Deven (Expert)
19 March 2014 his tds liability will be nil..if you have deducted he can claim refund
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