Rebate u/s 87A-from winning

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29 Points Posted on 23 December 2022
is rebate under section 87a is allowed to a person who have been income from winning?
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On 23 December 2022 at 11:43 Report
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This discussion clarifies whether the Section 87A rebate is applicable to individuals whose income solely derives from winnings. It states that if winnings are the only source of income, the rebate is not permitted. The conversation also touches upon the importance of calculating gross total income, excluding winnings, to determine eligibility.

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SEO Sai Gr. Hosp.
212503 Points Posted on 23 December 2022

If income is only from the source of winning, then rebate will not be allowed.

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On 23 December 2022 at 12:09
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CFO- at NHTF
58280 Points Posted on 24 December 2022
How much is the Gross total income excluding the winnings?
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On 24 December 2022 at 08:23

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