Rebate u/s 87a

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 November 2013 whether housing loan interest u/s 24 can be considered for checking eligibility for claiming rebate u/s 87A.

Ganeshbabu K

Ganeshbabu K (Expert)
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01 November 2013 only condition to claim 87A rebate is
.
.
1)assesse should be resident in india

2)total income afer chapter VIA deductions shall not exceed 5 lakhs
.
.
kindy refer below link for more doubts clarifications in this regard
.
https://www.caclubindia.com/forum/new-income-tax-rebate-rs-2000-sec-87a-241553.asp#.UnM_zPmnqQC

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