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87A

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(Querist)
11 March 2017 provision for deduction under 87A is applicable for AY 2017-18. Please confirm
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CS Advocate Abhishek Goyal

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CS Advocate Abhishek Goyal (Expert)
11 March 2017 Deduction u/s 87A is available for AY 2017-18.
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CA Gopal Somani

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CA Gopal Somani (Expert)
11 March 2017 Yes. Rebate of up to Rs. 5,000 for resident individuals having total income of up to Rs. 5,00,000 as per Sec-87A of Income Tax Act, 1961 for A.Y. 2017-18 i.e. F.Y. 2016-17.
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