Tax Rebate U/S 87a For Fy 2024-24

Tax Rebate U/S 87a For Fy 2024-24. Rebate of up to rs. 5,000 for resident individuals having total income of up to rs.


Tax Rebate U/S 87a For Fy 2024-24

If the total tax payable by is less than rs. Rebate u/s.87a a resident individual (whose net income does not exceed rs.

The Amended Section 87A Seeks To Provide That An Assessee, Being An Individual Resident In India, Whose Total Income Does Not Exceed 3.5 Lacs, Shall Be.

Rebate of up to rs.

Therefore, A Resident With Taxable Income Up To Rs 7,00,000 Will Get Rs 25,000 Or The.

5,00,000) can avail rebate under section 87a.

Tax Rebate U/S 87a For Fy 2024-24 Images References :

If The Total Tax Payable By Is Less Than Rs.

Rebate of up to rs.

In The New Tax Regime, The Rebate Is Increased To Rs.

To claim rebate under section 87a one should: