Newly inserted sec. 87a

This query is : Resolved 

05 March 2013 Hi!

The newly inserted section 87A gives a tax credit of Rs.2000/- if the total income of the assessee is within the slab of Rs.2 Lacs to Rs.5 Lacs. This total income is to be considered after deductions under ch.VI-A ?

Kindly Help !

Thank You!

06 March 2013 Total income is to be considered after deductions under chapter VI-A

Profile Image

Guest

Profile Image

Guest (Expert)
06 March 2013 The meaning of Total Income shall always be considered after chapter VI-A.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries