Rebate u/s87a
This query is : Resolved
Abhishek Bhartia
(Querist)
13 March 2015
Is rebate u/s 87A applicable for AY 2015-2016???
14 March 2015
Yes. Rebate U/s. 87A is Available to Resident Individuals for A.Y. 2015-16/ FY 2014-15 , whose total income does not exceed 5 Lakh rupees in Financial Year.
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