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Rebate u/s 87a of rs 2000 is applicable or not for ay 17-18

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 February 2017 Rebate u/s 87A of Rs 2000 in case where taxable income is below than Rs 5 Lac. I want to know, Is this sec 87A is still applicable for Ay 17-18 or not ?????
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
06 February 2017 Yes it is applicable.................
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Querist : Anonymous

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Querist : Anonymous (Querist)
06 February 2017 Sir, Is rebate amount has been extended from Rs 2000 or same as was applicable in previous years.
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Expert : Anonymous

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Expert : Anonymous (Expert)
06 February 2017 yes rebate increased to 5000 Rs.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
06 February 2017 It has been enhanced to Rs. 5000.
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vaibhav singhi

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vaibhav singhi (Expert)
07 February 2017 Yes It is Applicable @ INR 2000
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