ATS- AKB:- Rebate Under Section 87 A

                                         

         

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* Rebate Under Section 87 A

A resident individual (whose net income does not exceed Rs. 5,00,000) can avail rebate under section 87A. 

It is deductible from income tax before calculating education cess. The amount of rebate is 100 percent of income-tax or Rs. 12,500, whichever is less.

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