u/s 87a & u/s 89(1)
Pravin Gupta
i received salary for FY 2014-15 ₹ 516952and Arrears ₹ 203521. Calculation for relief u/s 89(1) ₹ 22224 including surcharge. deduction calculated u/s 80c rs. 150000. can i receive relief u/s 87a ₹ 2000
Tax Relief Inquiry: Clarification on Sections 87A and 89(1) Eligibility for Fiscal Year 2014-15 Sought. An individual inquired about tax relief under sections 87A and 89(1) for the fiscal year 2014-15. They received a salary of 516,952 and arrears of 203,521, with a calculated relief under section 89(1) amounting to 22,224, including surcharge. Additionally, they claimed a deduction of 150,000 under section 80C. The individual sought clarification on eligibility for a 2,000 relief under section 87A. (AI Summary)
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