Rebate 87A FY 2020-21
This query is : Resolved
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05 August 2021
Dear Sir,
My net profit Rs.569000/- in which I have deposit RS. 80000/- IN PPF account now Taxable income is Rs.489000/- Can I eligible for rebate 87A Rs.12500/- today I have visited to service provider to fill itr but my services provided told me you have to pay Rs.13000 income tax.
Please suggest its correct.
My net profit Rs.569000/- in which I have deposit RS. 80000/- IN PPF account now Taxable income is Rs.489000/- Can I eligible for rebate 87A Rs.12500/- today I have visited to service provider to fill itr but my services provided told me you have to pay Rs.13000 income tax.
Please suggest its correct.
05 August 2021
87A rebate of 12500 not available for you.
06 August 2021
No need to pay being eligible for 87A.
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