15 January 2014
For more clarifications on sec87A . . https://www.caclubindia.com/forum/new-income-tax-rebate-rs-2000-sec-87a-241553.asp#.UUlszRwZ115 .
17 January 2014
Section 87A is the additional rebate availed by the Finance Minister to assessee whose Taxable Income (after deduction under chap VIA) does not exceed Rs 5,00,000. After the said rebate Education Cess @ 3% is to be calculated. Ok