Rule according to section 87A

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115 Points Posted on 18 December 2022
Is rebate available on partial integration income?
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On 18 December 2022 at 14:41 Report
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This discussion clarifies the availability of a rebate under Section 87A for income that has undergone partial integration. The key takeaway is that such a rebate is generally not available if the total income exceeds Rs. 5 lakhs. If the combined agricultural and business income surpasses this threshold, the rebate will not be permitted.

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SEO Sai Gr. Hosp.
212495 Points Posted on 18 December 2022

No, unless total income is below Rs. 5 lakhs.

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On 18 December 2022 at 19:38
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3 Points Posted on 19 December 2022
Allowed only if total income is ₹5 Lakhs or below.
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On 19 December 2022 at 11:28
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115 Points Posted on 19 December 2022
What if the total of agriculture and business income crosses 5 lac.?
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On 19 December 2022 at 18:54
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SEO Sai Gr. Hosp.
212495 Points Posted on 19 December 2022

In that case rebate u/s. 87A will not be allowed...

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On 19 December 2022 at 21:16

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