Applicabile F.Y for Interim Budget 2019
Sanjit Kumar Bhagat (Student) (477 Points)
08 February 2019Q2. What is rebate provision for FY 2018-19
Sanjit Kumar Bhagat (Student) (477 Points)
08 February 2019
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.