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Rs. 2000 credit allowed

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 February 2015 I am drawing Rs. 650000/- Gross Salary fro the year 2014-15. & My Savings are below:-

U/s 80 C 150000
U/s 80 D 15000

Will I be eligible for Rs. 2000/ Credit for the FY 2014-15.

24 February 2015 Yes you will be eligible for rebate of Rs. 2000/- u/s 87A as your total income after deductions do not exceed Rs. 5 lac.

25 February 2015 yes u/s 87A rebate will be allowed if your taxable salary in below rs.500000/-


25 February 2015 yes agreed with above reply.......



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