10 July 2014
Pl clarify whether the rebate of Rs.2000/= allowed under section 87(A)for the financial year 2013-14 Asst year 2014-15where income is less than Rs.5lakhs is available for the financial year 2014-15 AY 2015-16? If it is not there,then the net savings for FY 2014-15 is Rs.3000/= only. Pl clarify