Section 87A of ITA, 1961 : Section 87A: Rebate Of Income-Tax In Case Of Certain Individuals
ITA, 1961
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Explanation using Example
Consider a scenario where Priya, a resident individual in India, has a total income of four lakh eighty thousand rupees for the financial year 2022-2023. Under Section 87A of the Income-tax Act, 1961, since Priya's total income is less than **five hundred thousand...
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