Deduction u/s 87a
Nitish Agrawal (CA) (810 Points)
16 May 2016
Hello everyone, can anybody please tell me that what is the amount of deduction u/s 87A,Rs. 5000 or Rs. 2000.
1 Replies
CA Prashant Hegde
(Chartered Accountant)
(262 Points)
Replied 16 May 2016
Hi,
For AY 2016-17 it is Rs.2000 and for AY 2017-18 Rs. 5000.
Recent Topics
- GST Registration for Service Providers
- Tax for individual freelancing service providers
- LUT Number confusion! ARN or Reference Number
- Section 44ADA Query - 75 Lakh Limit Clarification
- GST on Rent RCM
- Clarification on GST Credit Note Rejection and Ret
- ITR filing as representative capacity
- Conversion of Inherited and Acquired Agricultural
- Is TCS applicable on sale of used car by a Compnay
- HSN wise data in GSTR 1
Related Threads
CAclubindia
