Rebate u/s 87a


This query is : Resolved 

(Querist)
14 February 2015 Whether any person salary income is 550000 and deduction amount is 100000. then whether he is eligible for rebate u/s 87a amount to rs 2000 or not. please tell me as early as possible.

14 February 2015 Yes, the said person is eligible for rebate under section 87A.

Rupesh Jain (Expert)
14 February 2015 yes if your taxable income is belowrs.5 lacs then you can claim 87A.

@VaibhavJ (Expert)
14 February 2015 Hi

Yes he can, refer more on https://taxguru.in/income-tax/availability-rebate-87a-fy-201415-ay-201516.html

Thanks!!
@VaibhavJ


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