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Insertion of new section 87A - Rebate of income-tax in case of certain individuals.

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Full Text of the Document

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....;       Rebate of income-tax in case of certain individuals.            "87A. An assessee, being an individual resident in India, whose total income does not exceed five hundred thousand rupees, shall be entitled to a deduction, from the amount of income-tax (as computed before allowing the deductions under this Cha....

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