I have income from Profession & Other Sources of around 450000 after 80C deductions.
If I have income of around 300000 from selling of shares (Short Term Capital Gains) taxable @ 15%, will I still be eligible for relief U/S 87(A) ?
Menu
Rebate U/S 87(A) Applicable
Replies (3)
Quick Summary
Yes, You can Releif U/S 87(A).
80c components
For 87A relief ur total income after deduction under chpt VIA should not exceed 5,00,000
Recent Topics :
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
Related Topics :
CAclubindia
