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Sec.87 a

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(Querist)
12 August 2014 can a businessman gets rebate in sec.87a .
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
12 August 2014 Yes. conditions are -

+ individual.
+ resident in India.
+ total income < or = Rs. 5,00,000.
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Vishnu Saboo

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Vishnu Saboo (Expert)
12 August 2014 yes, he can avail if satisfying specified conditions.
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Rupesh Jain

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Rupesh Jain (Expert)
12 August 2014 yes individual person have taxable income below Rs. 500000/- in year then he can claim the rebate u/s 87a.

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