Meaning of Tax Rebate?

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Dear sir please anyone can answer for my question sir? I'm totally confused about tax rebate concept
Replies (2)

Rebate under Section 87A of Income Tax Act,1961

Section 87A of Income-tax Act, provide for a rebate of an amount equal to hundred percent of such income-tax or an amount of Rs. 2500 (from Financial Year 2017-18), whichever is less, from the amount of income-tax to an individual resident in India whose total income does not exceed 3,50,000

Kindly refer:  1. section-87a-income-tax-rebate

thanks sir


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