Rebate u/s 87A

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Is rebate u/s 87A not available to Artificial Juridical Person?
(Applicable A.Y. 2018-19)
Replies (1)

The rebate under sec 87A can be claimed if you satisfy both these conditions

  • You are a RESIDENT INDIVIDUAL.
  • Your Total Income Less Deductions (under Section 80) is equal to or less than Rs 3,50,000

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