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Is there any one have notification of 12500 exemption under 87A rebate
Replies (3)
It's enumerated in section 87a itself.. what's the necessity for notification and as far as I know there's no notification for 87A
Refer Finance Act 2019 - section 87A
Maximum rebate of 12500/- in tax liability subject to total income below 5 lakhs is as per section 87A.
There is no requirement of seperate notification. This is built up in the Act itself.
There is no requirement of seperate notification. This is built up in the Act itself.
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