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Section 87a

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 September 2015 Dear experts,
to avail the rebate u/s 87A, which profit should be below 5 lacs, weather gross profit or net profit.........


plz confirm.......
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suresh

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suresh (Expert)
20 September 2015 to avail the rebate u/s 88A, the total income (net taxable income after deduction under chept. VIA) should be below Rs. 5 lakh.

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