Tag Archives: section 87A AY 2018-19

Income tax rebate under Section 87A w.e.f AY 2018-19

By | February 3, 2017

Rebate allowable under Section 87A of Income tax Act Summary :– The rebate of Rs. 5,000 currently available under section 87A in case of an individual resident in India whose total income does not exceed Rs. 5,00,000,Finance Bill 2017  proposed to be reduced to Rs. 2,500, where the total income does not exceed Rs. 3,50,000… Read More »