When one can get rebate of rs:- 2000 for a.y 2014-2014

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Querist : Anonymous

Querist : Anonymous (Querist)

26 May 2014 In which condition One can get rebate of Rs:- 2000 for A.Y 2014-2014.

Deepti Asawa

Deepti Asawa (Expert)
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26 May 2014 First Condition - Resident Individual ( Male and Female both assessee can get this rebate )
Second Condition - Total Income is less than Rs. 5,00,000/-.
This rebate is restricted to the amount of income tax payable.

Querist : Anonymous

Querist : Anonymous (Querist)

26 May 2014 Miss Deepti, Is Taxable income is more than 500000 or Total income that includes Section 80C to 80U.

Deepti Asawa

Deepti Asawa (Expert)
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26 May 2014 If taxable income(after deduction of Chapter via) is more than 5,00,000/- than person can not get this rebate

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Querist : Anonymous

Querist : Anonymous (Querist)

26 May 2014 THANK YOU MAM........

Guest

Guest (Expert)

26 May 2014 perfectly described by deepti asawa....

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When one can get rebate of rs:- 2000 for a.y 2014-2014

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