Rebate when agricultural income is being given
This query is : Open
08 October 2017
sir.,
please explain me whether the rebate u/s 87A is allowed if the total income before adding agricultural income is less than 500000 and after adding agricultural income is greater than 5,00,000....... please explain...
CA Rashmi Gandhi
(Expert)
08 October 2017
You have to considered income before adding agriculture income......
So rebate u/s 87A allowed as your taxable income is below Rs.5,00,000/-
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