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Section 87a rebate

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 June 2016 Dear All, For AY 2017-18 how much maximum deduction is available u/s 87A Regard Mukesh
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Jaymin Sabhaya

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Jaymin Sabhaya (Expert)
06 June 2016 Dear Sir,
For the Assessment year 2017-2018 maximum eligible rebate under section 87A of the income tax Act, 1961 is Rs. 5,000. the limit is increased from Rs. 2,000 to Rs. 5,000 in the budget 2016.

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