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Rebate u/s 87a

This query is : Resolved 
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(Querist)
17 May 2014 Total income 450000
Agri income 500000
Can avail Rebate??
what will b net tax payable taking agrigation wrt agri incom??
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CA Kiran Hinge

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CA Kiran Hinge (Querist)
17 May 2014 i think rebate can be availed as total income is less than 500000
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
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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