Section 88D of ITA, 1961 : Section 88D: [Omitted]
ITA, 1961
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Explanation using Example
Let's say Mr. Sharma, a retired teacher, was filing his income tax return for the fiscal year 2005-06. During that time, Section 88D of the Income-tax Act, 1961, was in effect, which allowed a rebate of income tax for certain individuals. Assuming Mr. Sharma met the criteria specif...
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