Rebate u/s 87a
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 March 2017
Hi
For FY 2016-17 AY 2017-18 , rebate from tax u/s 87A is Rs 5000/- if total income does not exceed Rs 5 lakh.
Is there any marginal relief available if income is just above Rs 500000/- say income is Rs 505000/- (Something similar to what is done in case of surcharge on income tax)
Please guide
For FY 2016-17 AY 2017-18 , rebate from tax u/s 87A is Rs 5000/- if total income does not exceed Rs 5 lakh.
Is there any marginal relief available if income is just above Rs 500000/- say income is Rs 505000/- (Something similar to what is done in case of surcharge on income tax)
Please guide
05 March 2017
No, Its not available.
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
- Unregistered suppliers utility
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- ITDS U/S.194T of Firm
- Difference between Date of Payment and Date of Deduction?
- Cash balance limit and property purchases limit
- NRI starting business in India
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- Journal entry of busniess expenses
- Bank details not Visible on Traces Portal
- Invertaded duty struture
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
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
