Rebate u/s 87a
This query is : Resolved
17 May 2014
Total income 450000
Agri income 500000
Can avail Rebate??
what will b net tax payable taking agrigation wrt agri incom??
Agri income 500000
Can avail Rebate??
what will b net tax payable taking agrigation wrt agri incom??
17 May 2014
i think rebate can be availed as total income is less than 500000
18 May 2014
yes it would be available. As long as Total income is not exceeding Rs 5 lakhs, 87A rebate shall be available...
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