Rebate u/s 87a
This query is : Resolved
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.
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
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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