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Section- 87a

This query is : Resolved 
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(Querist)
13 February 2017 Dear Sir,

How much Amount We can take Rebate in 87A. 2000/ 5000 for A.Y.2017-2018.
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Sathish M

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Sathish M (Expert)
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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