Rebate under section 87a
This query is : Resolved
16 July 2014
For the financial year 2014-15, my taxable income will be below 5 lacs, will I get tax rebate of Rs. 2000 under section 87A?
16 July 2014
Yes if ur Net income is below Rs 5L u will receive rebate u/s 87A. of Rs 2K.
16 July 2014
YES YOU WILL GET TAX REBATE OF Rs.2000 U/S 87a
16 July 2014
Yes you will get rebate of your Tax liability before cess limited to Rs.2000
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