Rebate u/s87a

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Abhishek Bhartia

Abhishek Bhartia (Querist)
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13 March 2015 Is rebate u/s 87A applicable for AY 2015-2016???

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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14 March 2015 Yes. Rebate U/s. 87A is Available to Resident Individuals for A.Y. 2015-16/ FY 2014-15 , whose total income does not exceed 5 Lakh rupees in Financial Year.

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Rebate u/s87a

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