Rebate sec 87a
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 November 2016
Dear Experts
Plz tell me Weather individual's gross or net income should not be exceed 5 Lakh. To claim the deduction of Rebate u/s 87A
Thanks & Regards
Rohit Kumar
Plz tell me Weather individual's gross or net income should not be exceed 5 Lakh. To claim the deduction of Rebate u/s 87A
Thanks & Regards
Rohit Kumar
12 November 2016
Net Income.
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 November 2016
Sir in case after claiming all deduction 80C, 80E, 24B etc. If net income is fixed 5 Lakh then assessee will be entitled to get the benefit of 87A or not
12 November 2016
As per ur case it will b automatically claimed when u file ur IT Return. So there no need to manually claim 87A.
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