Hi All,
Is the 87 A rebate applicable for anyone whose total taxable income is less than 5 Lakhs ?
I have a friend who paid income tax of Rs 10000 in AY 2014 2015 , he didnt file ITR for AY 2014 2015.
Can he still claim this rebate and get refund of 2000 by filing belated return now ?
Thanks
Yes he can claim , file return u/s 139(4) . Not that this return can not be revised so be cautious
I meant NOTE that return can not be revised, so be cautious
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