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

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Querist : Anonymous

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

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.

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Querist : Anonymous

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

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

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

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


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