Please tell me.
Budhi Singh (1 Points)
16 February 2019u/s 80CCD(1B) ₹50000 and less rebate u/s 87A @ 5%
Budhi Singh (1 Points)
16 February 2019
Rakesh Bandal
(Self Employed and Agriculture)
(1349 Points)
Replied 16 February 2019
Deduction under section 80CCD is available out of total income
and Rebate U/s. 87A is available on taxable income after allowing all deductions
hence after allowing deductions there is no remaining taxable income you will not be liable to tax hence question of rebate does not arise
MOHAMMED IMRAN
(1020 Points)
Replied 16 February 2019