Rebate u/s 87a
This query is : Resolved
CA Kiran Hinge
(Querist)
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??
CA Kiran Hinge
(Querist)
17 May 2014
i think rebate can be availed as total income is less than 500000
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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