Rebate u/s 87-a for the ay 19-20
This query is : Resolved
20 May 2019
What should be the net taxable income to claim rebate u/s 87-A for the Ay 2019-20 ? I have heard upto Rs 5,00,000 rebate u/s 87-A can be claimed for the Ay 19-20. Is it correct ?
21 May 2019
For the ay 2019-20 can be claimed upto 3.50 lacs.
21 May 2019
If by the way taxable income exceeds Rs. 3,50,000, whether no rebate u/s 87-A can be claimed ?
29 May 2019
No rebate after taxable income crosses Rs 350000.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- TDS on property - Form 141 query
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Exiting partner in partnership firm in gst portal
- IT returns for fresh job holders
- Traces submitting correction statement error
- Banking Related Issue
- Grand in aid
- Average Cost Of High Quality Diamonds
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
