87a is applicable or not applicable

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if income existing 500000 87a is applicable
Replies (3)

If income Exceeding  500000, 87a is Not applicable

Or If Total taxable income within 500000, rebate u/s. 87A is applicable!!

rebate allowed if income is equal to or less than Rs.500000/-.So rebate u/s 87A applicable in this case.
rebate allowed if income is equal to or less than Rs.500000/-.So rebate u/s 87A applicable in this case.


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