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deductions on tax
deduction of tax total income upto 350000
Replies (5)
Rebate on IT of Rs. 2.500/- u/s. 87a of IT act.
First Clearify you issue???
if income is from gambling then no deduction otherwise, i quote dhirajlal sir.
Dear @ Dhirajlal Rambhia it is Rebate not deduction and also @ Swapnol Agrawal which type of deduction?? Can you explain?!!?
NOTE: If you satisfy with my reply kindly like my comment it will increase motivation to me help other people
NOTE: If you satisfy with my reply kindly like my comment it will increase motivation to me help other people
rebate under sec 87a i.e 2500 is given if your total income ( gross total income less deductions) is upto rs. 3,50,000....
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