Tax rebate: allowed against computed income-tax, subject to statutory limits capping deduction to tax payable. A rebate is allowed against income-tax on an assessee's total income by permitting specified deductions from income-tax as computed before allowing deductions under this Part, subject to the provisions governing those deductions; such a deduction cannot exceed the income-tax as computed before allowing deductions under this Part.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tax rebate: allowed against computed income-tax, subject to statutory limits capping deduction to tax payable.
A rebate is allowed against income-tax on an assessee's total income by permitting specified deductions from income-tax as computed before allowing deductions under this Part, subject to the provisions governing those deductions; such a deduction cannot exceed the income-tax as computed before allowing deductions under this Part.
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