https://www.taxtmi.com/acts?id=41221 An amendment inserts a proviso to section 87A providing that where income tax on total income is computed under sub section (1A) of section 115BAC, section 87A shall operate as if the income ceiling for rebate and the maximum rebate amount were substituted by higher prescribed amounts; the amendment takes effect from the first day of the fiscal year beginning after 31 March 2024 and applies to the assessment year commencing thereafter. en-us Wed, 01 Feb 2023 15:54:13 +0530 Sat, 04 Feb 2023 11:32:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41221 An amendment inserts a proviso to section 87A providing that where income tax on total income is computed under sub section (1A) of section 115BAC, section 87A shall operate as if the income ceiling for rebate and the maximum rebate amount were substituted by higher prescribed amounts; the amendment takes effect from the first day of the fiscal year beginning after 31 March 2024 and applies to the assessment year commencing thereafter. Act-Rules Bill Wed, 01 Feb 2023 15:54:13 +0530 https://www.taxtmi.com/acts?id=41221