Rebate sec 87a

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 November 2016 Dear Experts
Plz tell me Weather individual's gross or net income should not be exceed 5 Lakh. To claim the deduction of Rebate u/s 87A

Thanks & Regards
Rohit Kumar

Sandeep Dharar

Sandeep Dharar (Expert)
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12 November 2016 Net Income.

Querist : Anonymous

Querist : Anonymous (Querist)

12 November 2016 Sir in case after claiming all deduction 80C, 80E, 24B etc. If net income is fixed 5 Lakh then assessee will be entitled to get the benefit of 87A or not

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Sandeep Dharar

Sandeep Dharar (Expert)
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12 November 2016 As per ur case it will b automatically claimed when u file ur IT Return. So there no need to manually claim 87A.

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