Income tax

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Deb (Querist)
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23 December 2013 As per the budget there is rebate of rs 2k if the income slab is 2 lacs to 5 lacs. can some body clarify the same. deb

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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23 December 2013 upto rs 2 lakhs no tax and from 2 lakhs - 5 lakhs it is 10%.

Ganeshbabu K

Ganeshbabu K (Expert)
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23 December 2013 it is not about slab rates,..
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assesse can claim tax rebate of 2000 if his taxable income is not more than 5 lakhs
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to get clarity on more doubts in this section refer below post
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https://www.caclubindia.com/forum/new-income-tax-rebate-rs-2000-sec-87a-241553.asp#.UrfcPfQW11a

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