87a rebate

First of all TDS is to be included for assessment of income, as it is part and parcel of the income.

In your example if that income inclusive of TDS is say 2.90 lakhs, tax over it will be Rs. 4000/- ( @ 10% for AY 2017-18)

Rebate u/s. 87A maximum deductible in this case is Rs. 4000/-.....

Tax payable Nil

Hence TDS deducted is fully refundable.......

 

Thanks sir,but I m asking whether rebate u/s 87a should be taken before tds...

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If your question is on deduction of TDS u/s 192 i.e salary than rebate u/s 87A should be consider for deduction of TDS

@ Assessee.,

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You get answer from our great advisor Mr Dhirajlal Rambhia Sir...
If you want any other best answer no one can't give except Mr Dhirajlal Rambhia Sir....

Ask your question properly then you can get exact solution...

@ Raja Thanks for the reply sir.I would have been more happy if you have given the answer.

@ ashiwini thanks for replying👍

Originally posted by : assessee
	@ Raja Thanks for the reply sir.I would have been more happy if you have given the answer.

You are most welcome Dear...

Also I stand above said replies from our experts Mr Dhirajlal Rambhia Sir and Mr Ashiwini Ballodia Sir...

Agree with Mr. Raja P M Sir no other advisor can give the best answer than Mr Dhirajlal Rambhia Sir.

Welcome Mr. Assessee Ji

IF your Total Income is 2.90 lacs than no tax liabilty because rebate of 87a is 4000 and if your tds is deducted by employer then you will be claim TDS as Refund .
For example your total income is 2.90 lace no tax on ,income upto 2.5 lacs, tax it will be Rs. 4000/- ( @ 10% for AY 2017-18)

Rebate u/s. 87A maximum deductible in this case is Rs. 4000/-.....

No Tax liabilty