Rebate of rs. 2000/- in income tax


This query is : Resolved 

28 November 2013 Dear Sir,

Income Tax Rebate Rs. 2000/- u/s 87A is applicable before education cess or after.

28 November 2013 after it will be deducted

28 November 2013 My I Tax software deduct before education cess charge.

28 November 2013 Income Tax Rebate means out of Income Tax.
Education cess is to be paid on the Net Tax Payable after deducting the Rebate.
.


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