Rebate u/s 87

nagarajan (Accountant) (191 Points)

16 February 2017

How much rebate u/s 87 for the FY 2016-17 (AY 2017-18)

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Naman Mishra (AGM (F&A)) (69 Points)
Replied 17 February 2017

Its 5,000.

Bala Pullaiah B (Salaried) (179 Points)
Replied 17 February 2017

REBATE MAX UPTO RS 5000/-.

Jeet Biswas (ACMA (in Service)) (5073 Points)
Replied 17 February 2017

Infact it is unchanged even for FY 2017-18.

CA. Kunal Lakhotia (ACA) (1006 Points)
Replied 18 February 2017

Agreed but there are certain conditions attached to it..do take that in mind

manoj (student) (5205 Points)
Replied 18 February 2017

it is 5000 but income after deduction U/Ch VI A should be less than 500000

J.Lakshmi Narayana (Sr.Executive Accounts) (26 Points)
Replied 19 February 2017

Please clarify u/s87 rebate applicable financial 2017-18. Pls clarify

narayana

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