Rebate u/s 87A

if assesse filed income at rs. 354000 but during the assessment addition of rs. 1160000 was made, then will he receive rebate u/s 87A
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Replies (3)
Quick Summary
This discussion clarifies the eligibility for the Section 87A income tax rebate. Generally, the rebate is available if your taxable income is below ₹5 lakh. However, if additions are made during assessment that push your total income above ₹5 lakh, you will no longer be eligible for this rebate, even if your initial declared income was below the threshold.

If you're taxable income or annual net income is less than 5lakh then you get rebate
The rebate will not be able after assessment as total income now exceeds Rs 5,00,000
If total Income is upto 350000 then you are eligible for rebate now in this case rebate is not available

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