Deduction from tax liabilities

Posted Date : 04-Jul-2013 , 09:54:03 pm | Posted By CASANSAAR print

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A tax payer can claim tax rebate under section 86, 87A,89, 90, 90A

Rebate under sec 86 - share of profit from association of person

Rebate under sec 87A - in case of resident individual whose total income does not exeed 5lakh can claim rebate Rs. 2000

Rebate under sec - 89 in respect of salary paid in advance or arrear

Rebate under sec - 90,90A,91 relief for double taxed income

Category : Income Tax | Comments : 0 | Hits : 347

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