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When one can get rebate of rs:- 2000 for a.y 2014-2014

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 May 2014 In which condition One can get rebate of Rs:- 2000 for A.Y 2014-2014.
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Deepti Asawa

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Deepti Asawa (Expert)
26 May 2014 First Condition - Resident Individual ( Male and Female both assessee can get this rebate )
Second Condition - Total Income is less than Rs. 5,00,000/-.
This rebate is restricted to the amount of income tax payable.
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Querist : Anonymous

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Querist : Anonymous (Querist)
26 May 2014 Miss Deepti, Is Taxable income is more than 500000 or Total income that includes Section 80C to 80U.
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Deepti Asawa

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Deepti Asawa (Expert)
26 May 2014 If taxable income(after deduction of Chapter via) is more than 5,00,000/- than person can not get this rebate
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Querist : Anonymous

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Querist : Anonymous (Querist)
26 May 2014 THANK YOU MAM........
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Guest

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Guest (Expert)
26 May 2014 perfectly described by deepti asawa....

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