Saturday 22 July 2017

Tax rebate under section 87a for A.Y 2017-18

Rebate under section 87A is provided so that the tax burden of the people with lower income can be reduced. And the benefit can be claimed only by those whose income is within the specified limit.

Note:- Calculation of rebate is to be done before education cess.

Who can claim rebate u/s 87a

Tax rebate under section 87a for A.Y 2017-18

Rebate under section 87A is provided so that the tax burden of the people with lower income can be reduced. And the benefit can be claimed...