Rs. 2000 credit allowed
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 February 2015
I am drawing Rs. 650000/- Gross Salary fro the year 2014-15. & My Savings are below:-
U/s 80 C 150000
U/s 80 D 15000
Will I be eligible for Rs. 2000/ Credit for the FY 2014-15.
U/s 80 C 150000
U/s 80 D 15000
Will I be eligible for Rs. 2000/ Credit for the FY 2014-15.
24 February 2015
Yes you will be eligible for rebate of Rs. 2000/- u/s 87A as your total income after deductions do not exceed Rs. 5 lac.
Rupesh Jain
(Expert)
25 February 2015
yes u/s 87A rebate will be allowed if your taxable salary in below rs.500000/-
25 February 2015
yes agreed with above reply.......
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