Easy Office
LCI Learning

Rebate u/s 87-a for the ay 19-20

This query is : Resolved 
Profile Image

Profile Image

(Querist)
20 May 2019 What should be the net taxable income to claim rebate u/s 87-A for the Ay 2019-20 ? I have heard upto Rs 5,00,000 rebate u/s 87-A can be claimed for the Ay 19-20. Is it correct ?
Profile Image

CS Advocate Abhishek Goyal

Profile Image

CS Advocate Abhishek Goyal (Expert)
21 May 2019 For the ay 2019-20 can be claimed upto 3.50 lacs.
Profile Image

TARIQUE RIZVI

Profile Image

TARIQUE RIZVI (Querist)
21 May 2019 If by the way taxable income exceeds Rs. 3,50,000, whether no rebate u/s 87-A can be claimed ?
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CS Advocate Abhishek Goyal

Profile Image

CS Advocate Abhishek Goyal (Expert)
29 May 2019 No rebate after taxable income crosses Rs 350000.

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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links