Rebate 87A

I have gross receipts of Rs. 6,00,000/- from Software Development ( 44 ADA ). While filing the ITR 4, Rebate u/s of Rs. 2500 is not reflecting ?
Replies (8)
rebate u/s 87A is available if total income is less than 350000
Yes. total income is less than 3,50,000 as income is 50% of gross receipts i.e. 3,00,000/- but it is showing in ITR-IV
Individual and Resident condition satisfied and rightly provided in ITR?
Yes. Individual and resident both
rebate available if income less than 350000
it is for gross total income computation it may claim only.
Please confirm your AY and Total Income?
it won't be given automatically, you have to claim while filing ITR. even if you forgot to claim, at the time of processing, 87a rebate will be given. so don't worry

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