Deduction u/s 87a
Nitish Agrawal (CA) (810 Points)
16 May 2016
Hello everyone, can anybody please tell me that what is the amount of deduction u/s 87A,Rs. 5000 or Rs. 2000.
1 Replies
CA Prashant Hegde
(Chartered Accountant)
(262 Points)
Replied 16 May 2016
Hi,
For AY 2016-17 it is Rs.2000 and for AY 2017-18 Rs. 5000.
Recent Topics
- What is tds12
- SECTION 148 PROCEEDING
- GST AUDIT 01 - NOTICE
- Capital gain purchase date
- Transmission of deceased's shares in physical form
- Income tax notice but unable to file updated retur
- Income tax depreciation deductions
- GST Notice (Under Section 73)
- Asset Declaration in ITR2 for flat purchased in jo
- Active pan but invalid
Related Threads
Trending Online Classes
-
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies
Mr.Balamurugan Ranganathan13 March 2025
CAclubindia
