Easy Office
LCI Learning

Sec 87a

This query is : Resolved 
Profile Image

Profile Image

(Querist)
31 July 2014 Sir

How is the rebate of Rs 2000 available?
Is it calculated on Gross Total Income or Net Taxable income. Suppose my GTI is Rs 525000 Will I get rebate
Thanks
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
31 July 2014 only if ur net income is less then 5,00,000 then only sec 87A is applicable otherwise u cannot get 2000 rebate.
Profile Image

Vishnu Saboo

Profile Image

Vishnu Saboo (Expert)
31 July 2014 If ur total income is less than 5 lac, you r eligible to get rebate.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links