Section- 87a
This query is : Resolved
Surya Chaudhary
(Querist)
13 February 2017
Dear Sir,
How much Amount We can take Rebate in 87A. 2000/ 5000 for A.Y.2017-2018.
How much Amount We can take Rebate in 87A. 2000/ 5000 for A.Y.2017-2018.
13 February 2017
As per the provisions of section 87A of the Income tax act, 1961 the rebate shall be equal to the amount of income tax payable or an amount of Rs. 5,000, whichever is less for the Assessment 2017-18
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