Sec 87a
This query is : Resolved
05 December 2014
Hi Experts
can you please clarify me a doubt regarding the sec 87a.
One of my client is having a Total income of Rs.4,50,000/- and he is also having agriculture income of Rs.80,000.
Is he eligible for claiming rebate u/s 87a?
Thanks in advance
05 December 2014
Yes eligible for 87A since 'total income' (taxable income)didn't exceed Rs. 5 lacs.
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