How to claim rebate u/s 87a
This query is : Resolved
Guest
Guest
(Querist)
29 April 2016
I am filling return for proprietor business (ITR 4). My income is under 500000. I am confused how to claim rebate u/s 87A. I don't find any option of 87a in ITR 4?
29 April 2016
Fill the ITR form and press the calculate tax button it will calculate the tax payable after allowing the rebate.
29 April 2016
when you file the return then deduction 87A automatic given by system if you are eligible
29 April 2016
It is automatically calculated in e-filing software. if you are filing it manually, after tax column there is column for Rebate U/S 87A.
Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615
Disclaimer - Before making any decisions do consult the experts. We do not take any responsibility for misrepresentation or interpretation of act or rules. Neither we nor the firm accepts any liability for the loss or damage of any kind arising out of information in this document or for any action taken in reliance there on.
Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615
Disclaimer - Before making any decisions do consult the experts. We do not take any responsibility for misrepresentation or interpretation of act or rules. Neither we nor the firm accepts any liability for the loss or damage of any kind arising out of information in this document or for any action taken in reliance there on.
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29 April 2016
There is always option of 87A in ITR forms after tax payable and before Surcharge & Educational Cess.
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