Menu
regarding 87a available or not
can I get any benefit of rebate u/s 87a if I fill itr 4 (44ad) please explain both the section while filling itr they didn't give rebate benefit total income after availing deduction u/s 80 and tax is 1250 but I didn't get the benefit of 87a please explain regards this issue thanks for helping me.
Replies (6)
There is no restriction to claim rebate u/s. 87a when return filed u/s. 44AD....
Net toal income should be below 3.5L.. with cap of Rs. 2,500/- max rebate.
It should be available in your case......
but at the income tax site while filling itr they can't show the rebate amount why it's happened ?
If you are using Excel utility, click on the tab...... calculate tax...... & validate sheet again.
I'm not using Excel for itr I directly file my itr at official site of IT
Is it ITR1? filled online?
no it's itr 4 now the issue is resolved because yesterday there is site error so that's why I can't take benefit of rebate thank you for suggestions.
Recent Topic
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
Related Topics
CAclubindia
