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Rebate u/s 87(a)

This query is : Resolved 
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(Querist)
24 March 2014 How man rebates is allowed u/s 87(a) ????

Can any salaried employee can claim this???
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
24 March 2014 Only Individuals having taxable income less than Rs 5 lacs are eligible for tax rebate of Rs 2000 under the said section.
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CS Advocate Abhishek Goyal

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CS Advocate Abhishek Goyal (Expert)
24 March 2014 This rebate will be applicable from AY 2014-15 onwards
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
24 March 2014 Yes it is applicable from AY 2014-15 onwards.
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