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rebate u/s 87A
My question is.. Rebate shall be allowed to assessee over 80 years if he earned casual income u/s 115BB and his total income is below 5 lacks.. ?
Replies (3)
yes 87a will be applicable to any indidvidual
having any type of income
having any type of income
Rebate of up to Rs. 5,000 for resident individuals having total income of up to Rs. 5,00,000 as per Sec-87A ofIncome Tax Act, 1961 for A.Y. 2017-18 i.e. F.Y. 2016-17.
So you can claim Rebate instead of having casual income u/s 115BB.
So you can claim Rebate instead of having casual income u/s 115BB.
Rebate under Section 87A is available.
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