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Demystifying Section 68 to 69C of the Income tax Act, 1961
AY 2018-19............ Rs. 2500 for income upto 3.50 Lakhs
Ay 2017-18..............Rs. 5000 for income upto 5.00 lakhs
The rebate u/s. 87a has been reduced from 5000/- rs. to 2500/- for FY 2017-18
Refer: income-tax-rebate-us-87a
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