Q1. For which Financial Year Interim Budget 2019 is applicable?
Q2. What is rebate provision for FY 2018-19
3 Replies
CA Inderjeet Sunda
(Chartered Accountant)
(355 Points)
Replied 02 March 2019
1. Provision of Budget will be applicable for FY 2019-20 (AY 2020-21) .
2. Rebate of Tax up to Rs. 12500 whose Income Doesn't Exceed Rs. 5 Lakh after claiming Deduction under Chapter VI of Income Tax Act.
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