Sec 87 a

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 July 2014 Dear sir,

for availing the benefit of sec 87A whether The gross total income should be below 500000. OR Taxable income should be 500000. gross total income or taxable income.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
29 July 2014 ‘Total Income’ after deducting all the deductions available under Chapter VI from the ‘Gross Total Income’ shall not exceed Rs. 5 Lakh.
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Querist : Anonymous

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Querist : Anonymous (Querist)
29 July 2014 Very Very thanks sir
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